Common use of FHA and/or VA and/or USDA Rural Development Clause in Contracts

FHA and/or VA and/or USDA Rural Development. The Mortgage Lender is (i) if originating FHA Insured Mortgage Loans, an FHA-approved mortgagee in good standing, (ii) if originating VA Guaranteed Mortgage Loans, an eligible lender in good standing for VA-Guaranteed Mortgage Loans, or (iii) if originating USDA Rural Development Guaranteed Mortgage Loans, an eligible lender in good standing for USDA Rural Development Guaranteed Mortgage Loans.