True or False: Assets from adult household members must be verified for loan calculations.

The statement is true because, in the context of a USDA Rural Housing Loan, all household members’ assets must be verified when assessing eligibility for the loan. This verification process ensures that the loan calculations accurately reflect the household's total financial situation. The USDA guidelines require lenders to consider the entire household's income and assets, as this information can impact the ability to repay the loan.

By including assets from all adult members of the household, the lender can get a comprehensive view of the financial health of the applicant's household. This approach helps in understanding the supportive financial resources available, which may include savings, checking accounts, or other forms of assets. Evaluating these assets contributes to a more thorough assessment of the applicant's eligibility for the program and reinforces the goal of ensuring that loans are granted responsibly based on a clear financial picture.