Verification of VA Benefits (VA Form 26-8937)

ICR 202203-2900-003

OMB: 2900-0406

Federal Form Document

Forms and Documents
Document
Name
Status
Form
Modified
Supplementary Document
2022-05-16
Supporting Statement A
2022-05-03
Supplementary Document
2022-03-15
IC Document Collections
IC ID
Document
Title
Status
28623 Modified
ICR Details
2900-0406 202203-2900-003
Received in OIRA 202102-2900-014
VA VBA-LGY-YA
Verification of VA Benefits (VA Form 26-8937)
Revision of a currently approved collection   No
Regular 05/16/2022
  Requested Previously Approved
36 Months From Approved 11/30/2022
5,500 120,000
440 10,000
0 0

VA Form 26-8937 is used by lenders authorized to close VA-guaranteed loans on the automatic basis pursuant to 38 U.S.C. 3702(d) for submission to VA prior to loan closing as a means of obtaining information on any existing benefit-related indebtedness of veteran home loan applicant.

US Code: 38 USC 5314(c) Name of Law: Special Provisions Relating to Benefits
   US Code: 38 USC 3702(d) Name of Law: Housing and Small Business Loan
  
None

Not associated with rulemaking

  87 FR 14100 03/11/2022
87 FR 29783 05/16/2022
Yes

1
IC Title Form No. Form Name
Verification of VA Benefits 26-8937 VERIFICATION OF VA BENEFITS

  Total Request 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 5,500 120,000 0 -114,500 0 0
Annual Time Burden (Hours) 440 10,000 0 -9,560 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
Yes
Miscellaneous Actions
The reduction in burden is due to the streamlined processes and enhanced Certificate of Eligibility automation.

$62,507
No
    Yes
    Yes
No
No
No
No
Maribel Aponte 202 266-4688 [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.
05/16/2022


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