Notice2025-14107
Agency Information Collection Activity Under OMB Review: Loan Analysis
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
July 28, 2025
Issuing agencies
Veterans Affairs Department
Abstract
In compliance with the Paperwork Reduction Act (PRA) of 1995, this notice announces that the Veterans Benefits Administration, Department of Veterans Affairs, will submit the collection of information abstracted below to the Office of Management and Budget (OMB) for review and comment. The PRA submission describes the nature of the information collection and its expected cost and burden, and it includes the actual data collection instrument.
Full Text
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<title>Federal Register, Volume 90 Issue 142 (Monday, July 28, 2025)</title>
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[Federal Register Volume 90, Number 142 (Monday, July 28, 2025)]
[Notices]
[Page 35587]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-14107]
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DEPARTMENT OF VETERANS AFFAIRS
[OMB Control No. 2900-0523]
Agency Information Collection Activity Under OMB Review: Loan
Analysis
AGENCY: Veterans Benefits Administration, Department of Veterans
Affairs.
ACTION: Notice.
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SUMMARY: In compliance with the Paperwork Reduction Act (PRA) of 1995,
this notice announces that the Veterans Benefits Administration,
Department of Veterans Affairs, will submit the collection of
information abstracted below to the Office of Management and Budget
(OMB) for review and comment. The PRA submission describes the nature
of the information collection and its expected cost and burden, and it
includes the actual data collection instrument.
DATES: Comments and recommendations for the proposed information
collection should be sent by August 27, 2025.
ADDRESSES: To submit comments and recommendations for the proposed
information collection, please type the following link into your
browser: <a href="http://www.reginfo.gov/public/do/PRAMain">www.reginfo.gov/public/do/PRAMain</a>, select ``Currently under
Review--Open for Public Comments'', then search the list for the
information collection by Title or ``OMB Control No. 2900-0523.''
FOR FURTHER INFORMATION CONTACT:
VA PRA information: Dorothy Glasgow, 202-461-1084, <a href="/cdn-cgi/l/email-protection#5d0b1c0d0f1c1d2b3c733a322b"><span class="__cf_email__" data-cfemail="76203726243736001758111900">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION:
Title: Loan Analysis, VA FORM 26-6393.
OMB Control Number: 2900-0523 <a href="https://www.reginfo.gov/public/do/PRASearch">https://www.reginfo.gov/public/do/PRASearch</a>.
Type of Review: Revision of a currently approved collection.
Abstract: VA Form 26-6393. The form is currently used by employees
of both lending institutions and VA to determine the ability of a
borrower to qualify for any type of VA-guaranteed loan authorized by 38
U.S.C. 3710(a). Lenders complete and submit the form to provide
evidence that the lender's decision to submit a prior approval loan
application or close a loan on the automatic basis is based upon
appropriate application of VA credit standards as required by 38 U.S.C.
3710(b) and 3710(g). Section 36.4340, 38 CFR, implements those
underwriting standards, which include evaluating income, expenses, and
credit history. This form specifically pertains to those standards
evaluating a borrower's present and anticipated income and expenses and
credit history.
An agency may not conduct or sponsor, and a person is not required
to respond to a collection of information unless it displays a
currently valid OMB control number.
The Federal Register Notice with a 60-day comment period soliciting
comments on this collection of information was published at 90 FR
21549, May 20, 2025. The respondent burden has decreased due to the
estimated number of respondents.
Affected Public: Individuals and households.
Estimated Annual Burden: 210,000 hours.
Estimated Average Burden per Respondent: 30 minutes.
Frequency of Response: One-time.
Estimated Number of Respondents: 420,000.
Authority: 44 U.S.C. 3501 et seq.
Lanea Haynes,
Acting, VA PRA Clearance Officer, (Alt) Office of Enterprise and
Integration/Data Governance Analytics, Department of Veterans Affairs.
[FR Doc. 2025-14107 Filed 7-25-25; 8:45 am]
BILLING CODE 8320-01-P
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