New Application Documents: 5001-1, 5001-2, 5001-3

October 15, 2020

#USDA News | #Documents | #OneRD Changes

5001-1 - USDA Guaranteed Application

5001-1 can be accessed here or on our document page.

This document is required for loan submission. Based on the layout and formatting, I would imagine that a new application will be released to make it much easier to read and complete.

In Chrome or Safari, you must first download the forms to view form content.

5001-2 - Lender's Agreement

5001-2 can be accessed here or on our document page.

This lenders agreement must be re-submitted by all lenders under the new OneRD regulations. I usually include it with each loan becuase I do not keep track of which states I have sent loans to and which ones I have not. It is a good practice to keep this document in your submission package for all loans to ensure you have a complete package.

In Chrome or Safari, you must first download the forms to view form content.

5001-3 - Rural Development Conditional Commitment

5001-3 can be accessed here or on our document page.

This document does not need to be filled out by the lender however this is what you can expect to receive from the USDA once your loan has been approved and funds obligated by the Agency.

In Chrome or Safari, you must first download the forms to view form content.