Which of the following is a method for verifying income eligibility for USDA loans?

Using the GUS (Guaranteed Underwriting System) underwriting system is a recognized method for verifying income eligibility for USDA loans. GUS is an automated tool provided by the USDA that helps lenders assess the eligibility of applicants based on various criteria, including income. This system streamlines the underwriting process by automating calculations and ensuring that all necessary guidelines are met according to USDA loan requirements. By inputting information into GUS, lenders receive a prompt analysis of the borrower's eligibility, which includes income, credit scores, and other relevant factors.

While other options may contribute to the overall evaluation of an application, they are not specifically tailored for verifying income eligibility in the same structured manner as GUS. For example, a credit score check assesses a borrower's creditworthiness but does not provide direct insight into income verification. An in-person interview could gather additional information but is subjective and does not ensure standardization across all applicants. Similarly, while reviewing bank statements can help provide an overview of financial status, it does not directly assess income eligibility as comprehensively or efficiently as the GUS underwriting system.