Interest Rate Reduction Refinancing Loan Worksheet (VA Form 26-8923)

ICR 201803-2900-004

OMB: 2900-0386

Federal Form Document

Forms and Documents
IC Document Collections
IC ID
Document
Title
Status
28596 Modified
ICR Details
2900-0386 201803-2900-004
Active 201411-2900-010
VA VBA-LGY-YA
Interest Rate Reduction Refinancing Loan Worksheet (VA Form 26-8923)
Extension without change of a currently approved collection   No
Regular
Approved with change 09/17/2018
Retrieve Notice of Action (NOA) 07/16/2018
  Inventory as of this Action Requested Previously Approved
09/30/2021 36 Months From Approved 09/30/2018
140,000 0 140,000
23,333 0 23,333
0 0 0

VA Form 22-8923 is used by lenders for completing the funding fee and maximum permissible loan amounts for interest rate reduction refinancing loans to veterans (38 U.S.C. 3729(a), 3710(a)(8), or 3712(a)(1)(F)). Information is used by VA loan examiners to assure that the above requirements are met prior to issuing guaranty.

US Code: 38 USC 3712 Name of Law: Loans to Purchase Manufactured Homes or Lots
   US Code: 38 USC 3703 Name of Law: Basic Provisions Relating to Loan Guaranty and Insurance
   US Code: 38 USC 3729 Name of Law: Loan Fee
   US Code: 38 USC 3710 Name of Law: Purchase or Construction of Homes
  
None

Not associated with rulemaking

  83 FR 12848 03/23/2018
83 FR 27832 06/14/2018
Yes

1
IC Title Form No. Form Name
Interest Rate Reduction Refinancing Loan Worksheet 26-8923 Interest Rate Reduction Refinancing Loan Worksheet

  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 140,000 140,000 0 0 0 0
Annual Time Burden (Hours) 23,333 23,333 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$363,767
No
    Yes
    Yes
No
No
No
Uncollected
Cynthia Harvey - Pryor 202 461-5870 [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.
07/16/2018


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