8.2 APPLICANT ELIGIBILITY REQUIREMENTS
The lender must confirm the applicant meets the criteria for obtaining a SFHGLP guarantee prior to full analysis of the applicant’s loan request.

A. Owning a Dwelling [7 CFR 3555.151 (e)]
An applicant who owns a dwelling to which they will retain ownership is eligible for a guaranteed loan to purchase another home if all of the criteria below are met: 
 The homeowner’s current dwelling is not financed by a Rural Development guaranteed or direct Section 502 or 504 loan or active grant (the grant agreement has not expired);