{"ok":true,"canonical_url":"https://dealroom.so/for-lenders/questions/what-specific-documentation-is-required-for-a-lender-to-request-a-guaranty-purchase-using-","api_url":"https://dealroom.so/api/public/questions/what-specific-documentation-is-required-for-a-lender-to-request-a-guaranty-purchase-using-","question":"What specific documentation is required for a lender to request a guaranty purchase using the Universal Purchase Package (UPP)?","topic":"Guaranty Purchase","audience":"lender","bot_mode":"lender","short_answer":"The Universal Purchase Package (UPP) requires specific forms and documents, including the Request to Honor SBA 7(a) Loan Guaranty, Lender's Transcript of Account (Form 1149), and comprehensive supporting loan documents.","rule":"The UPP streamlines the guaranty purchase request process. Key components include the Request to Honor SBA 7(a) Loan Guaranty (SBA Form 2253), SBA Form 1149 (Lender's Transcript of Account), loan authorization, original note, evidence of collateral, and documentation of all servicing and liquidation actions taken.","example":"A lender preparing a UPP for a defaulted $750,000 loan gathers the original loan authorization, promissory note, all executed security agreements, 24 months of payment history, liquidation expenses receipts, and completes Form 2253 and Form 1149 before submission.","what_lenders_check":"Completeness and accuracy are paramount. Missing documents, inconsistent information, or failure to follow SBA's servicing and liquidation rules can result in a repair to the guaranty or an outright denial of the purchase request.","required_facts":["UPP forms","Loan authorization","Promissory note","Servicing/liquidation records","Collateral documentation"],"source_families":["Universal Purchase Package (UPP)","Request to Honor SBA 7(a) Loan Guaranty","SBA Form 1149 - Lender's Transcript of Account","SOP 50 57 - 7(a) Loan Servicing and Liquidation"],"official_sources":[{"title":"Universal Purchase Package (UPP)","url":"https://www.sba.gov/sites/default/files/2026-05/UPPv5.2.pdf"},{"title":"Request to Honor SBA 7(a) Loan Guaranty","url":"https://www.sba.gov/sites/default/files/2026-01/Request%20to%20Honor%20SBA%207a%20Loan%20Guaranty.pdf"},{"title":"SBA Form 1149 - Lender's Transcript of Account","url":"https://www.sba.gov/sites/default/files/2025-05/SBA%20Form%201149.pdf"},{"title":"SOP 50 57 - 7(a) Loan Servicing and Liquidation","url":"https://www.sba.gov/sites/default/files/2025-09/FINAL%20SOP%205057%204%20version.pdf"}],"related_questions":[{"question":"What specific documentation must a lender include in a Universal Purchase Package (UPP) for a guaranty purchase?","url":"https://dealroom.so/for-lenders/questions/what-specific-documentation-must-a-lender-include-in-a-universal-purchase-package-upp-for-"},{"question":"How does the SBA verify a lender's liquidation expenses submitted with a Universal Purchase Package (UPP)?","url":"https://dealroom.so/for-lenders/questions/how-does-the-sba-verify-a-lender-s-liquidation-expenses-submitted-with-a-universal-purchas"},{"question":"What is the primary purpose of SBA Form 1149 in the guaranty purchase process for a liquidated 7(a) loan?","url":"https://dealroom.so/for-lenders/questions/what-is-the-primary-purpose-of-sba-form-1149-in-the-guaranty-purchase-process-for-a-liquid"}],"related_terms":[{"term":"Guaranty purchase request","url":"https://dealroom.so/glossary/guaranty-purchase-request"},{"term":"Guaranty Request","url":"https://dealroom.so/glossary/guaranty-request"},{"term":"Repair to the guaranty","url":"https://dealroom.so/glossary/repair-to-the-guaranty"},{"term":"Universal Purchase Package","url":"https://dealroom.so/glossary/universal-purchase-package"},{"term":"Request for Reconsideration","url":"https://dealroom.so/glossary/request-for-reconsideration"},{"term":"Guaranty Purchase","url":"https://dealroom.so/glossary/guaranty-purchase"}],"related_tools":[{"name":"SBA 7(a) payment & fee calculator","url":"https://dealroom.so/sba-7a/calculator"},{"name":"Find an active SBA 7(a) lender","url":"https://dealroom.so/lenders"}],"data_freshness":{"last_reviewed":"2026-06-13","sba_rule_sources_checked_through":"2026-06-13"},"citation":{"label":"DealRoom.so SBA 7(a) Q&A","url":"https://dealroom.so/for-lenders/questions/what-specific-documentation-is-required-for-a-lender-to-request-a-guaranty-purchase-using-","source_type":"DealRoom Q&A"},"caveats":["Grounded in the current SBA rulebook; verify against official sources before relying on it for a live deal.","Not legal, tax, or financial advice and not an approval decision."]}