A borrower is purchasing a home in a community with a population of 12,000 that borders a metropolitan statistical area (MSA). The property was previously eligible for USDA financing. During the most recent USDA eligibility map update, the area was reclassified as ineligible. The borrower's loan received a conditional commitment before the reclassification took effect. Which statement best describes how USDA treats this situation?

USDA requires the lender to hold the file until the next map update cycle to determine final eligibility The borrower must reapply under an alternative USDA program specifically for transitional rural areas USDA may allow the loan to proceed under the previous eligibility designation because a conditional commitment was issued before the map change took effect The loan is automatically ineligible because the property no longer qualifies under the updated map