As discussed in our previous announcement on RD forms and eSign, USDA Rural Development announced that they will accept electronic signatures in conjunction with Single Family Housing Programs.
Please be aware that the eSign capabilities for RD loan documents will not be made on a default basis for clients, due to various investor requirements which may still prohibit RD loan documents from being electronically signed.
Clients will need to confirm with their investors that they are willing to accept eSigned RD loan documents. Clients must then contact their Account Manager and request to have the eSign functionality in this announcement set up for them.
October 30, 2014