Application For Assumption
Approval and/or Release From Personal Liability To The Government
On a Home Loan (VA Form 26-6381)
Revision of a currently approved collection
No
Regular
12/11/2023
Requested
Previously Approved
36 Months From Approved
03/31/2024
1,000
250
167
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
The response burden time has
not increased but the overall burden hours increased due to an
increased volume of submitted applications.
$14,272
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.