Under 38 CFR 36, the holder of a delinquent vendee account is legally entitled to repurchase of the loan by VA when the loan has been continuously in default for 3 months and the amount of the delinquency equals or exceeds the sum of 2 monthly installments. When requesting the repurchase of a loan, the holder uses VA Form 26-0971.
The latest form for Status of Loan Account - Foreclosure or Other Liquidation (VA Form 26-0971) expires 2023-10-31 and can be found here.
Document Name |
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Form |
Supplementary Document |
Supporting Statement A |
Supplementary Document |
Approved with change |
Revision of a currently approved collection | 2023-05-18 | |
Approved without change |
Reinstatement with change of a previously approved collection | 2020-06-12 | |
Approved with change |
New collection (Request for a new OMB Control Number) | 2016-10-28 |