{"ok":true,"canonical_url":"https://dealroom.so/glossary/lender-certification","api_url":"https://dealroom.so/api/public/glossary/lender-certification","data_freshness":{"sba_records_through":"2026-05-31","fdic_records_through":"2026-03-31","dealroom_last_updated":"2026-06-15","timezone":"America/Chicago"},"source_summary":["Public SBA 7(a) loan records","FDIC institution data","DealRoom lender and franchise enrichment"],"term":{"slug":"lender-certification","term":"Lender certification","group":"People and paperwork","definition":"This is a formal statement by your lender confirming they've met all SBA requirements for your loan. It's a crucial step before the SBA issues its guarantee.","what_it_means":"The lender certifies that they've followed all SBA rules, including credit underwriting, eligibility checks, and proper documentation. As a buyer, this certification is important because it confirms your loan is eligible for the SBA guaranty, which protects the lender and makes the loan possible.","url":"https://dealroom.so/glossary/lender-certification","official_sources":[{"slug":"sop-50-10","title":"SOP 50 10 — Lender and Development Company Loan Programs","official_url":"https://www.sba.gov/document/sop-50-10-lender-development-company-loan-programs","official_label":"View on SBA.gov","authority_tier":2,"publisher":"U.S. Small Business Administration","source_guide_url":"https://dealroom.so/sba-7a/sources/sop-50-10"},{"slug":"13-cfr-part-120","title":"13 CFR Part 120 — Business Loans","official_url":"https://www.ecfr.gov/current/title-13/chapter-I/part-120","official_label":"View on eCFR","authority_tier":1,"publisher":"Office of the Federal Register","source_guide_url":"https://dealroom.so/sba-7a/sources/13-cfr-part-120"}],"related":[{"slug":"underwriting","term":"Underwriting","url":"https://dealroom.so/glossary/underwriting"},{"slug":"guaranty","term":"Guaranty","url":"https://dealroom.so/glossary/guaranty"},{"slug":"prudent-lending-standards","term":"Prudent lending standards","url":"https://dealroom.so/glossary/prudent-lending-standards"},{"slug":"sop-50-10","term":"SOP 50 10","url":"https://dealroom.so/glossary/sop-50-10"}],"related_questions":[{"question":"Which specific lender certifications are required on the Lender's Application for Guaranty (or its E-Tran equivalent) to ensure loan eligibility?","url":"https://dealroom.so/for-lenders/questions/which-specific-lender-certifications-are-required-on-the-lender-s-application-for-guaranty"},{"question":"What specific lender certifications are required on the Lender's Application for Guaranty (SBA Form 1920, or its current equivalent in E-Tran)?","url":"https://dealroom.so/for-lenders/questions/what-specific-lender-certifications-are-required-on-the-lender-s-application-for-guaranty-"},{"question":"How does a lender verify the accuracy and completeness of borrower certifications on SBA Form 1919 regarding criminal history?","url":"https://dealroom.so/for-lenders/questions/how-does-a-lender-verify-the-accuracy-and-completeness-of-borrower-certifications-on-sba-f"},{"question":"What specific certifications on SBA Form 1919 are critical for an applicant's eligibility, and how does a lender verify them?","url":"https://dealroom.so/for-lenders/questions/what-specific-certifications-on-sba-form-1919-are-critical-for-an-applicant-s-eligibility-"},{"question":"Which specific eligibility certifications are collected on SBA Form 1919 that are crucial for a 7(a) loan application and must be verified by the lender?","url":"https://dealroom.so/for-lenders/questions/which-specific-eligibility-certifications-are-collected-on-sba-form-1919-that-are-crucial-"},{"question":"What is the purpose of collecting borrower certifications on SBA Form 1919?","url":"https://dealroom.so/for-lenders/questions/what-is-the-purpose-of-collecting-borrower-certifications-on-sba-form-1919"}]},"caveats":["Definitions represent DealRoom's plain-English interpretation for buyers; verify regulatory terms against the official SBA and eCFR sources listed.","Not legal, tax, or financial advice, and not an SBA eligibility determination."],"citation":{"label":"DealRoom.so Glossary — Lender certification","url":"https://dealroom.so/glossary/lender-certification","source_type":"DealRoom Data"}}