7 CFR 5001.201
§ 5001.201 General origination requirements.
United States · 7 CFR — Agriculture · Status: effective
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- Citation
- 7 CFR 5001.201, § 5001.201 General origination requirements, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/31676
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Full text
The lender is responsible for originating a guaranteed loan in accordance with the requirements of this part and in accordance with its internal origination policies and procedures to the extent they do not conflict with the requirements of this part. For each application, the lender must prepare a credit evaluation that is consistent with Agency standards found in this part. The Agency reserves the right to review the lender's credit evaluation and request additional information. Lender approval does not constitute Agency approval.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.