Application For Assumption Approval and/or Release From Personal Liability To The Government On a Home Loan (VA Form 26-6381)

ICR 202009-2900-004

OMB: 2900-0110

Federal Form Document

Forms and Documents
ICR Details
2900-0110 202009-2900-004
Received in OIRA 201711-2900-013
VA VBA-LGY-NK
Application For Assumption Approval and/or Release From Personal Liability To The Government On a Home Loan (VA Form 26-6381)
Extension without change of a currently approved collection   No
Regular 01/25/2021
  Requested Previously Approved
36 Months From Approved 05/31/2021
250 250
42 42
0 0

VA Form 26-6381 is completed by Veterans who are selling their homes by assumption rather than requiring purchasers to obtain their own financing to pay off the loan. The data furnished on the form is essential to determinations for assumption approval, release of liability, and substitution of entitlement in accordance with 38 U.S.C. 3713(a) and 3714 and 3702(b)(2).

US Code: 38 USC 3702 Name of Law: Basic Entitlement
   US Code: 38 USC 3714 Name of Law: Assumptions; Release From Liability
   US Code: 38 USC 3713 Name of Law: Release From Liability Under Guaranty
  
None

Not associated with rulemaking

  85 FR 22227 10/08/2020
85 FR 27513 12/15/2020
No

  Total Request Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 250 250 0 0 0 0
Annual Time Burden (Hours) 42 42 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$1,662
No
    Yes
    Yes
No
No
No
No
Danny Green 202 421-1354 danny.green2@va.gov

  No

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.
01/25/2021


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