Statement of Purchaser or Owner Assuming Seller's Loan

ICR 201304-2900-003

OMB: 2900-0111

Federal Form Document

Forms and Documents
Document
Name
Status
Form
Modified
Supporting Statement A
2013-09-17
IC Document Collections
IC ID
Document
Title
Status
28302 Modified
ICR Details
2900-0111 201304-2900-003
Historical Active 201008-2900-010
VA 2900-0111 VBA-LGY-YM
Statement of Purchaser or Owner Assuming Seller's Loan
Extension without change of a currently approved collection   No
Regular
Approved without change 11/21/2013
Retrieve Notice of Action (NOA) 09/19/2013
  Inventory as of this Action Requested Previously Approved
11/30/2016 36 Months From Approved 01/31/2014
1,000 0 1,000
250 0 250
0 0 0

Application required by 38 U.S.C. 3713(a) and 3702(B)(2) for determinations necessary for release of liability and substitution of entitlement of Veteran-sellers to the government on guaranteed, insured and direct loans. Information collected permits VA review for compliance with requirements of 38 U.S.C. 3713(a)(1) & (2) on status of loan, purchaser's assumption of full liability under the loan instruments and credit worthiness as well as credit underwriting.

US Code: 38 USC 3710 Name of Law: Purchase or construction of homes
   US Code: 38 USC 3702 Name of Law: Basic entitlement
   US Code: 38 USC 3713 Name of Law: Release from liability under guaranty
  
None

Not associated with rulemaking

  78 FR 97 05/20/2013
78 FR 179 09/16/2013
No

1
IC Title Form No. Form Name
Statement of Purchaser or Owner Assuming Seller's Loan 26-6382 Statement of Purchaser or Owner Assuming Seller's Loan

  Total Approved 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 1,000 1,000 0 0 0 0
Annual Time Burden (Hours) 250 250 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$6,811
No
No
No
No
No
Uncollected
Crystal Rennie 202 632-7492 [email protected]

  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.
09/19/2013


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