Information collected determines if the Department will guarantee loans and mortgage insurance made by private lenders to Native American borrowers on restricted land.
The change in burden hours is due to increasing loan volumes and overall growth of the program. The number of Section 184 loans has been increasing annually. The number of respondents has been raised to a projected 1,500 per year. There is an option for an electronic version of this form now available. This form has reduced the math errors and carries some of the data to multiple locations in the form.
$0
No
No
Uncollected
Uncollected
Uncollected
Uncollected
Thomas Wright 2027080614 ext. 4978
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.