New Lender Training – Part 5 | Loan Submission Process, GUS Overview & Resources скачать в хорошем качестве

New Lender Training – Part 5 | Loan Submission Process, GUS Overview & Resources

Welcome to Part 5, the final part of the USDA New Lender Training Course for the Single Family Housing Guaranteed Loan Program. In this session, we’ll cover the loan submission process, provide an overview of GUS (Guaranteed Underwriting System), and share tips on locating tools and resources to help you navigate the loan process efficiently. What You Will Learn: ✔ How to submit loans through GUS and understand its role ✔ Key responsibilities for lenders and security administrators ✔ Required documentation for different underwriting recommendations ✔ Helpful resources and tools to streamline your workflow 📌 After completing this video, you’ll be ready to take the required knowledge quiz using the link provided by USDA to your organization’s point of contact. Chapters: 00:00 Introduction to Part 5 00:13 Overview of Final Training Session 00:33 Knowledge Quiz Requirements 00:54 Transition to Loan Submission & GUS 01:02 What is GUS and How It Works 01:14 GUS Role vs. Underwriter Judgment 01:32 Importance of Accurate Data Entry 01:52 GUS Security Roles & Permissions 02:07 Lender Security Administrator Responsibilities 02:19 Recommended Best Practices for Security Setup 02:34 Roles with Final Submit Authority 02:57 Responsibilities of Underwriters & Team Leads 03:05 USDA Review Process Explained 03:23 Roles for Loan Officers & Brokers 03:56 Two Ways to Submit Loan Applications 04:05 Steps for Submitting a Loan in GUS 04:22 USDA Review & Conditional Commitment Timeline 04:46 Understanding GUS Underwriting Recommendations 05:03 Accept vs. Refer vs. Refer with Caution 05:19 Importance of Reviewing GUS Findings 05:34 Random Full Documentation Reviews 06:12 Handling Refer or Refer with Caution Loans 06:43 Ineligible GUS Results – Common Reasons 07:03 Double-Check Data Entry for Accuracy 07:30 Required Documents for GUS Accept Loans 08:15 Required Documents for Full Documentation Loans 09:15 Required Documents for Refer/Refer with Caution Loans 10:26 Tips for Uploading Documents in GUS 11:05 Common Errors & How to Avoid Delays 11:30 How to Upload Documents in GUS 11:49 Consolidating Files for Faster Review 12:39 Example of Proper File Submission 13:00 USDA Processing Times & Turnaround 13:20 Resubmission Policy – When It’s Required 13:59 Manual File Submissions – When & How 14:49 Secure Uploads vs. Email Submissions 15:14 Completing Eligibility & Borrower Info Tabs 16:08 Credit Report Handling for Manual Files 16:27 USDA Origination & Processing Division Overview 16:45 Contacting the Right Team for Assistance 17:08 Resources Available in LINC Training Library 17:40 Technical Support & GUS Help Desk 17:51 Congratulations – Training Completed! 18:02 Key Resources Recap 18:34 GovDelivery Email Updates 18:39 USDA Handbook Overview 19:02 Policy Desk for Feedback on Changes 19:54 FAQ Document for Common Questions 20:21 How to Get Help from USDA Teams 20:40 Closing Remarks & Next Steps 21:00 Knowledge Quiz Reminder 21:10 Thank You & Final Message USDA is an equal opportunity provider, employer, and lender.