Based on a Compliance Department review of USDA requirements, DocMagic will be making changes to the selection logic for forms provided in the generic USDA loan program (Loan Program: DSI_USDA-RHS). The update is part of DocMagic's continuing effort to provide the most accurate disclosure list possible on our default settings.
Beginning April 8, 2019, customers will see the changes below when processing the generic USDA loan program (Loan Program: DSI_USDA-RHS). If you should wish to make any changes to the settings for your account, please let us know by contacting customer service.
| Form Name | Form ID | Notes | Action |
|---|---|---|---|
|
Representations Regarding Felony Conviction and Tax Delinquent Status for Corporate Applications |
AD3030.RH | Applies to Corporations only. | Provided only when a Corporation is indicated as the borrower |
| Incomplete Repairs Agreement | IRA.RH | N/A | Removed from Closing package and added to Forms List |
| Rider to Incomplete Repairs Agreement | RIRA.RH | N/A | Removed from Closing package and added to Forms List |
| Leveraged Loan Repayment Calculation | LLRC.RH | N/A | Removed from Closing package and added to Forms List |
| Guaranteed Loan Closing Report | 198019.RH | Lender provides with guarantee fee payment. Completed by the Lender and Agency. | Removed from Closing package and added to Form List |
| Builders Warranty | 192419.RH | Contractors or builder/dealer may need to complete form to specify terms and conditions for warranty of labor and materials. | Removed |
| Plan Certification | 192425.RH | Rural Development provides this form to qualified architects, engineers, or authorizes building officials, if required. | Removed |
| Agreement with Prior Lienholder | 192708.RH | Rural Development uses form when Agency is approving loan that involves a property also financed by another lender. | Removed |
| Rural Housing Promissory Note | 194016.RH | Rural Development servicing office completes this form. | Removed |
| Certification of Disability or Handicap | 19444.RH | Rural Development servicing office completes this form. | Removed |
| Certification of Eligibility | 194459.RH | Rural Housing issues when applicant is eligible for Section 502 Direct Loan Program | Removed |
| Agreement for Participation | 198016.RH | Application to lender approvals prior to December 1, 2014 | Removed |
| Equal Opportunity Agreement | 4001.RH | Rural Development servicing office completes this form | Removed |
| Notice to Contractors and Applicants | 4003.RH | Rural Development servicing office completes this form | Removed |
| Compliance Statement | 4006.RH | Completed by bidder or prospective contractor for new construction if applicable | Removed |
|
Child Care Expense Letter |
CCEL.RH | N/A | Removed |
|
Income Eligibility Calculation Worksheet |
IECW.RH | N/A | Removed |
|
Notice to Prospective Contractors |
NPS.RH | Notice to Bidder or Prospective Contractor | Removed |
|
Notice to Applicants: Income and Household Members Disclosure |
NTA.RH | N/A | Removed |
| Lender Record Change | RD355511.RH | Lender uses the form to record the sale of a loan or transfer of servicing to an RHS approved lender. | Removed |
| Loan Note Guarantee | RD355517.RH | Form prepared by agency officials when a guarantee is given for a Section 502 Single Family Housing Guarantee Loan. | Removed |
| Conditional Commitment for Single Family Housing Loan Guarantee | RD355518.RH | RHS completes to issue a conditional commitment for a Section 502 Single Family Housing Guarantee Loan and Lender completes to provide certification | Removed |
|
Subsidy Account Agreement |
SAA.RH | For use with subsidized account/loan | Removed |