At what stage in the loan process does the lender run the final GUS?

The final GUS (Guaranteed Underwriting System) run occurs prior to loan closure as it serves as a crucial verification step in the USDA Rural Housing Loan process. This final check is essential to confirm that all requirements and conditions have been met before finalizing the loan. It helps ensure that the loan application remains compliant with USDA guidelines and that the borrower's eligibility has not changed since initial approval. By running GUS at this stage, the lender can assess any last-minute factors that may affect the loan approval and address any outstanding conditions or documentation needed before the closing process begins.