Financial Counseling Statement (VA Form 26-8844)

ICR 202101-2900-006

OMB: 2900-0270

Federal Form Document

Forms and Documents
Document
Name
Status
Form
Modified
Supplementary Document
2021-05-04
Supplementary Document
2021-04-27
Supporting Statement A
2021-04-27
IC Document Collections
IC ID
Document
Title
Status
28516 Modified
ICR Details
2900-0270 202101-2900-006
Received in OIRA 201905-2900-008
VA VBA-LGY-MS
Financial Counseling Statement (VA Form 26-8844)
Extension without change of a currently approved collection   No
Regular 05/05/2021
  Requested Previously Approved
36 Months From Approved 01/31/2022
5,000 5,000
3,750 3,750
0 0

VA Form 26-8844 is used to collect data necessary for VA compliance with the requirements in 38 C.F.R. 36.4600(d). Also see 38 U.S.C. 3733(a). These requirements prohibit the VA guaranty or making of any loan unless the suitability of the security property for dwelling purposes is determined, the loan amount does not exceed the reasonable value, and if the loan is for purposes of alteration, repair, or improvements that substantially improves the basic livability of the property.

US Code: 38 USC 3732 Name of Law: Procedure on Default
  
None

Not associated with rulemaking

  86 FR 11055 02/23/2021
86 FR 23492 05/03/2021
No

1
IC Title Form No. Form Name
Financial Counseling Statement VA Form 26-8884 Financial Counseling System

  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 5,000 5,000 0 0 0 0
Annual Time Burden (Hours) 3,750 3,750 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$228,563
No
    Yes
    Yes
No
No
No
No
Maribel Aponte 202 266-4688 maribel.aponte@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.
05/05/2021


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