VA Notice on Loan Assumption Collection Activity
Summary
The Department of Veterans Affairs (VA) is seeking public comment on a proposed revision to VA Form 26-6382, used for loan assumption eligibility. The agency estimates an increase in annual burden hours due to higher usage of assumable VA loans.
What changed
The Department of Veterans Affairs (VA) is issuing a notice to solicit public comment on a revision to VA Form 26-6382, "Statement of Purchaser or Owner Assuming Seller's Loan." This form is critical for determining eligibility for release of liability and substitution of entitlement for VA-guaranteed loans. The VA notes an increase in the use of this form, leading to an estimated annual burden of 1,250 hours for 5,000 respondents, with an average of 15 minutes per respondent.
Federal agencies are required by the Paperwork Reduction Act (PRA) to seek public comment on proposed information collections. The VA is specifically asking for feedback on the necessity and utility of the collection, the accuracy of burden estimates, and ways to enhance quality and minimize respondent burden. Comments must be submitted through regulations.gov by May 11, 2026. This is an opportunity for affected individuals and households to provide input on the information collection process.
What to do next
- Review proposed changes to VA Form 26-6382.
- Submit comments on the information collection by May 11, 2026, via regulations.gov.
Source document (simplified)
Content
ACTION:
Notice.
SUMMARY:
Veterans Benefits Administration, Department of Veterans Affairs (VA), is announcing an opportunity for public comment on
the proposed collection of certain information by the agency. Under the Paperwork Reduction Act (PRA) of 1995, Federal agencies
are required to publish notice in the
Federal Register
concerning each proposed collection of information, including each proposed extension of a currently approved collection,
and allow 60 days for public comment in response to the notice.
DATES:
Written comments and recommendations on the proposed collection of information should be received on or before May 11, 2026.
ADDRESSES:
Comments must be submitted through www.regulations.gov.
FOR FURTHER INFORMATION CONTACT:
Program-Specific information: Kendra McCleave, 202-461-9760, Kendra. McCleave@va.gov.
VA PRA information: Dorothy Glasgow, 202-461-1084, VAPRA@va.gov.
SUPPLEMENTARY INFORMATION:
Under the PRA of 1995, Federal agencies must obtain approval from the Office of Management and Budget (OMB) for each collection
of information they conduct or sponsor. This request for comment is being made pursuant to Section 3506(c)(2)(A) of the PRA.
With respect to the following collection of information, VBA invites comments on: (1) whether the proposed collection of information
is necessary for the proper performance of VBA's functions, including whether the information will have practical utility;
(2) the accuracy of VBA's estimate of the burden of the proposed collection of information; (3) ways to enhance the quality,
utility, and clarity of the information to be collected; and (4) ways to minimize the burden of the collection of information
on respondents, including through the use of automated collection techniques or the use of other forms of information technology.
Title: Statement of Purchaser or Owner Assuming Seller's Loan (VA Form 26-6382).
OMB Control Number: 2900-0111. https://www.reginfo.gov/public/do/PRASearch. (Once at this link, you can enter the OMB Control Number to find the historical versions of this Information Collection).
Type of Review: Revision of a Currently Approved Collection.
Abstract: VA Form 26-6382, The Statement of Purchaser or Owner Assuming Seller's Loan, is used to help determine eligibility for release
of liability and substitution of entitlement when a VA guaranteed loan is assumed. The collection is authorized under 38,
U.S.C., section 3702. Use of VA form 26-6382 (Statement of Purchaser or Owner Assuming Seller's Loan) has increased in recent
years due to below-market interest rates on assumable VA loans. As a result, the number of respondents increased from 1,000
to 5,000, resulting in an increase in the total burden hours.
Affected Public: Individuals and households.
Estimated Annual Burden: 1,250 hours.
Estimated Average Burden per Respondent: 15 minutes.
Frequency of Response: One time.
Estimated Number of Respondents: 5,000 per annually.
Authority: 44 U.S.C. 3501 et seq.
Shunda Willis, Alternate, VA PRA Clearance Officer, Office of Information Technology/Data Governance Analytics, Department of Veterans Affairs. [FR Doc. 2026-04824 Filed 3-11-26; 8:45 am] BILLING CODE 8320-01-P
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