The lender will use the form HUD-53036
to determine the borrower's ability to repay the morgage debt by
relating his or her income, assets, and liabilities to the proposed
housing payment. The lender will use the form HUD-53038 to provide
remittance of mortgage data to HUD with payment of loan guarantee
fees. The data is used to record the collection and confirm
sufficiency and accurancy of the funds and data.
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.