Form serves as a loan application for both VA and HUD. Lenders and veterans use the form to apply for guaranty of home loans.
US Code:
38 USC 3710
Name of Law: Purchase or Construction of Homes
US Code:
38 USC 3703
Name of Law: Basic Provisions Relating to Loan Guaranty and Insurance
US Code:
38 USC 3704
Name of Law: Restrictions on Loans
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.