Statement of Purchaser or Owner Assuming Seller's Loan (VA Form 26-6382)

ICR 201910-2900-002

OMB: 2900-0111

Federal Form Document

Forms and Documents
IC Document Collections
28302 Modified
ICR Details
2900-0111 201910-2900-002
Active 201609-2900-017
Statement of Purchaser or Owner Assuming Seller's Loan (VA Form 26-6382)
Revision of a currently approved collection   No
Approved without change 07/14/2020
Retrieve Notice of Action (NOA) 02/21/2020
In its next extension, revision, or extension request, VA shall identify if any of this information is collected by loan servicers in connection with VA’s standards for loss mitigation. If so, the servicer’s collection of information to determine eligibility for assumption of loan (or other loss mitigation options) under VA guidelines is covered by the PRA, even without a specific form and should be included for both approval and in burden estimates.
  Inventory as of this Action Requested Previously Approved
07/31/2023 36 Months From Approved 07/31/2020
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 3713 Name of Law: Release from liability under guaranty
   US Code: 38 USC 3702 Name of Law: Basic entitlement

Not associated with rulemaking

  84 FR 56020 10/18/2019
85 FR 2817 01/16/2020

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

Danny Green 202 421-1354 [email protected]


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.

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