Application for Fee or Roster
Personnel Designation (VA Form 26-6681)
Revision of a currently approved collection
No
Regular
07/01/2024
Requested
Previously Approved
36 Months From Approved
08/31/2024
319
2,000
160
1,000
0
0
VA uses fee basis appraisers to
appraise residential real estate and recommend value for loan
purposes. A fee appraiser is a qualified person requested by the
Secretary to render an estimate of the reasonable value of a
property, or of a specified type of property, within a stated area
for the purpose of justifying the extension of credit to an
eligible Veteran (38 CFR 36.4301). The fee appraiser's estimate of
value is reviewed by a VA staff appraiser or lender’s staff
appraisal reviewer who uses the data to establish the VA reasonable
value (38 U.S.C. 3710(b)(4), (5), (6) and 3731(f)(1)), which
becomes the maximum loan guaranty amount an eligible Veteran can
obtain.
US Code:
38
USC 3710 Name of Law: Purchase or construction of homes
US Code: 38
USC 3711 Name of Law: Diect loans to veterans
US Code: 38
USC 3731 Name of Law: Appraisals
US Code: 38
USC 501 Name of Law: Rules and regulations
US Code: 38
USC 513 Name of Law: Contracts and personal services
US Code: 38
USC 3704 Name of Law: Restrictions on loans
The reduction in burden hours
was accomplished by reevaluating the number of respondents that was
previously over-estimated in 2021 at 2,000 respondents per year to
the current C&V and SAH combined 319 respondents per year. The
C&V Business line contributes 239 respondents per year (based
on the actual average respondents over 7 years) and the SAH
Business line contributes 80 respondents per year (based on average
10 per 8 field offices per year). The reduction in respondents per
year resulted in a decrease in burden hours from the previous 1,000
hours to the current combined C&V/SAH annual burden of 160
hours.
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.