Application For Assumption Approval and/or Release From Personal Liability To The Government On a Home Loan (VA Form 26-6381)
Extension without change of a currently approved collection
No
Regular
Approved without change
05/15/2018
03/09/2018
table that charts list comparision
Inventory as of this Action
Requested
Previously Approved
05/31/2021
36 Months From Approved
05/31/2018
250
0
250
42
0
42
0
0
0
The VA Form 26-6381 is required by 38 U.S.C. 3713(a), 3714 and 3702(b)(2) for determinations necessary for release of liability and substitution of entitlement of veteran-sellers to the government on GI and direct loans. Information enables Loan Service Representatives to be able to process the veteran's request and make a final determination of approval or disapproval.
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
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.