USDA Dates & Reminders During Conversion to NEW GUS
As a reminder, USDA has announced that they will continue processing loans through 02/26/2021 and final submissions received by USDA via Legacy GUS by 11:59 PM ET on 02/12/2021 will be considered for conditional commitment prior to the 02/26/2021 closure of Legacy GUS.
Loans submitted after 02/12/2021 are not guaranteed to be reviewed prior to the 2/26/2021 deadline, however, USDA will continue to review as many files as possible until that time.
As a reminder, USDA has provided the following important dates:
02/26/2021: Legacy GUS will no longer be available for editing or processing applications as of the close of business day.
02/27 - 02/28/2021: All SFHGLP systems will be unavailable to facilitate the transition to New GUS.
03/01/2021: New GUS goes live. Existing applications in Legacy GUS that did not receive a conditional commitment will require the application to be reentered into New GUS for consideration by USDA.
**If a conditional commitment isn't issued by the end of February, your loan will be subject to the new GUS and will have to go back in line at USDA.
USDA Dates & Reminders During Conversion to NEW GUS | Client Announcement 2021-02-10
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