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FORM APPROVED OMB NO. 0575-0189 Form RD 3560-20 02-05 Multi-Family Housing Transfer and Assumption Review and Recommendation I.
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How to fill out form rd 3560 20:

01
Start by providing your personal information. This includes your name, address, phone number, and Social Security number.
02
Next, indicate the type of loan you are applying for and the amount requested. This form is specifically used for Section 502 Direct loans.
03
Specify whether you are applying as an individual or as an organization. If applying as an organization, provide the legal name, address, and Tax Identification Number.
04
If applicable, indicate any joint applicants and provide their personal information as well.
05
Complete the income information section. This includes reporting your income from all sources, such as employment, self-employment, rental property, and government assistance programs.
06
Provide details about your assets. This includes listing any savings accounts, investments, properties owned, and any other assets.
07
Indicate your liabilities or debts. Include information about current mortgages, credit card balances, student loans, and any other debts.
08
Next, provide information about the property you wish to purchase or improve with the loan. This includes the address, property type, and estimated value.
09
Answer any additional questions related to eligibility and loan requirements.

Who needs form rd 3560 20:

01
Individuals who are applying for a Section 502 Direct loan for housing purposes.
02
Organizations seeking funding through the Section 502 Direct loan program.
03
Anyone who wants to apply for a loan to purchase or improve a property and meets the eligibility criteria set by the Rural Development agency.

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Hello, and welcome to the United States Department of Agriculture (USDA) Rural Development (RD) Applicant Orientation Guide video. This video will inform you of Agency processes, procedures, requirements, and obligations, before and after closing of a single family housing direct loan. At the end of the video, you will be required to sign Form RD 3550-23 and return it to the RD office processing your request, which will indicate you have viewed this video in its entirety. If you need assistance with viewing or completing any part of this guide or video, please contact the RD office processing your request. They will be able to help answer any questions should they arise. Now, go ahead and grab a pen and paper to take notes and/or jot down any questions. You may press “pause” then “play”, when you are ready to resume. Now let’s get started with your rights as an applicant. USDA is an equal opportunity employer, provider and lender. USDA civil rights regulations and policies prohibit discrimination in Agency programs for any reason. The Department’s non-discrimination statement which includes contact information for individuals requiring alternative communication means, and information on filing a program discrimination complaint, can be found at the following website: You also have the right to appeal program administrative actions if you are adversely affected. For example, having payment assistance reduced, canceled, or not renewed. Now that we have reviewed your Equal Opportunity and Appeals rights, let’s discuss Inspections. Applicants are responsible for property inspections needed to protect their own interests in existing dwellings. Third-party inspections help determine if the property meets standards set by RD. To verify that all major systems are adequate, applicants purchasing an existing home must engage the services of a State-licensed inspector. The inspector will perform a whole house inspection and certify that the dwelling meets the Agency’s standards with respect to: termites and other pests (this may be separate from the whole house inspection); plumbing, water and sewage; heating and cooling; electrical systems; and structural soundness. The inspection report must be a comprehensive document that meets the minimum standards of the professional home inspector associations. When a State does not license inspectors, a qualified, independent, third-party inspector may perform the inspection and provide the necessary certifications. The Agency will provide you with a document called, Settlement Service Providers, which can assist you in finding an inspector. This will briefly be discussed as we continue. RD does not guarantee the value or condition of a home it finances. If problems arise with the condition of the home after loan closing, you may contact the RD office processing your loan request about pursuing a subsequent loan for repairs. Now we will move to the section entitled “Closing” At this time, we will discuss down...

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The RD 3560-20 is a form used by the United States Department of Agriculture (USDA) to determine the eligibility and suitability of a proposed site for a Multi-Family Housing (MFH) project.
Any individual or entity planning to develop a Multi-Family Housing project with USDA assistance is required to file form RD 3560-20.
Form RD 3560-20 can be filled out by providing accurate information about the proposed site, including its physical characteristics, environmental details, and accessibility to necessary amenities. The form must be completed following the instructions provided by USDA.
The purpose of form RD 3560-20 is to assess the eligibility and suitability of a site for a Multi-Family Housing project that will receive USDA assistance. It helps determine if the proposed site meets the necessary criteria for development.
Form RD 3560-20 requires information such as the project name, location, ownership details, site characteristics, environmental impact details, utility services, and accessibility to various amenities like schools, healthcare facilities, and transportation.
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