Federal Register #2026-21454

VA Home-Loan Assumption and Liability-Release Information Collection

The Department of Veterans Affairs is seeking review of a home-loan information collection, not soliciting a purchase or contract. - Government buyer: Department of Veterans Affairs (VA), Veterans Benefits Administration (VBA). - Purpose: VA Form 26-6381 supports decisions about home-loan assumption approval, release of a veteran’s personal liability, and substitution of entitlement. - Estimated collection burden: 5,000 respondents, approximately 835 total annual burden hours, and an estimated 10 minutes per response; each respondent is expected to respond once. - Procurement status: No products or services are requested, and no OEMs, vendors, part numbers, or quantities are identified.

Description

The Veterans Benefits Administration, Department of Veterans Affairs, will submit this information collection to the Office of Management and Budget for review and comment under the Paperwork Reduction Act. VA Form 26-6381 is completed by Veterans selling homes through loan assumption rather than requiring purchasers to obtain new financing. The information is used to determine assumption approval, release of liability, and substitution of entitlement. The notice estimates 5,000 respondents and 835 annual burden hours.

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