Federal Register #2900-0875

Information Collection Request: VA-Guaranteed Home Loan Cash-Out Refinance Loan Comparison Disclosure

The Veterans Benefits Administration (VBA), under the Department of Veterans Affairs, is seeking public comment on an information collection related to VA-Guaranteed Home Loan Cash-Out Refinance Loan Comparison Disclosure. - Government Buyer: - Department of Veterans Affairs, Veterans Benefits Administration - Purpose: - Collect information and disclosures for VA guaranteed cash-out refinancing loans - Applies to Interest Rate Reduction Refinancing Loans (IRRRL), Type I Cash-Out Refinance, and Type II Cash-Out Refinance - Requirements: - Compliance with 38 U.S.C. 3709 and 38 CFR 36.4306 - Disclosures must be provided to veterans within three business days of application and at closing - Estimated 146,000 respondents annually - Estimated annual burden of 12,167 hours - No OEMs, vendors, or product/service procurement involved; this is a regulatory information collection activity

Description

The Veterans Benefits Administration, Department of Veterans Affairs, is submitting a collection of information related to VA-Guaranteed Home Loan Cash-Out Refinance Loan Comparison Disclosure to the Office of Management and Budget (OMB) for review and comment. This collection involves disclosures required for VA guaranteed cash-out refinancing loans, including Interest Rate Reduction Refinancing Loans (IRRRL), Type I Cash-Out Refinance, and Type II Cash-Out Refinance. The notice outlines compliance requirements under 38 U.S.C. 3709 and 38 CFR 36.4306, including timely disclosures to veterans. The estimated annual burden is 12,167 hours with an average burden of 5 minutes per respondent, and comments are due by June 8, 2026.

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