What document must be fully completed for every loan file?

For every loan file, it is essential that Form 3555-21 is fully completed. This form is specifically required in the USDA Rural Development loan process and serves to collect critical information about the borrower and the property being financed. Completing this form ensures that all necessary data is available for proper loan processing, underwriting, and approval.

The information gathered by Form 3555-21 includes details about the borrower's income, assets, liabilities, and the property itself. This comprehensive documentation helps lenders assess the borrower's eligibility for the USDA loan program and adheres to the regulations set forth by the USDA for rural housing assistance.

In contrast, other forms listed may be necessary for different aspects of the loan process or specific types of documentation, but only Form 3555-21 is universally required to complete every loan file comprehensively. This distinction highlights the importance of Form 3555-21 as a foundational document in the USDA Rural Housing Loan process.