(a)      A mortgage lender shall make a certificate under this section for every residential mortgage loan that the lender makes under a purchase commitment by the Administration with:

            (1)      the proceeds of purchase of a mortgage loan by the Administration; or

            (2)      the proceeds of a loan from the Administration.

      (b)      The certificate shall state that in the mortgage lender's opinion, based on information given by the mortgagor and on the lender's knowledge of the prevailing terms and standards of mortgage lending in the area, the mortgagor could not get a mortgage loan on the property in the unassisted private lending market.