Federal Register #2026-06958

Notice of Information Collection for VA Funding Fee Payment System (VA FFPS)

This notice announces the Department of Veterans Affairs' intent to collect information related to the VA Funding Fee Payment System (FFPS): - The Veterans Benefits Administration (VBA) is seeking public comment on the information collection process for the FFPS - The FFPS is used by lenders to pay required funding fees before a VA loan can be guaranteed - The system calculates funding fees, including late fees and interest, and supports both online and batch payment processing - No specific products, OEMs, or vendors are identified, as this is a regulatory information collection notice, not a procurement - The notice outlines the scope, burden, and purpose of the collection and invites public feedback

Description

The Veterans Benefits Administration, Department of Veterans Affairs, plans to submit an information collection request to the Office of Management and Budget (OMB) for review. This collection pertains to the creation of payment requests for the VA Funding Fee Payment System, which lenders use to pay the funding fee required before a VA loan can be guaranteed. The system calculates the appropriate fee, including any late fees and interest, and supports online and batch payment processing. The notice invites public comments by May 11, 2026.

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