Application for Fee or Roster Personnel Designation (VA Form 26-6681)
Extension without change of a currently approved collection
No
Regular
07/15/2021
Requested
Previously Approved
36 Months From Approved
09/30/2021
2,000
2,000
1,000
1,000
0
0
VA uses fee basis appraisers to appraise residential real estate and recommend value for loan purposes. A fee appraiser is a qualified person requested by the Secretary to render an estimate of the reasonable value of a property, or of a specified type of property, within a stated area for the purpose of justifying the extension of credit to an eligible Veteran (38 CFR 36.4301). The fee appraiser's estimate of value is reviewed by a VA staff appraiser or lenderâs staff appraisal reviewer who uses the data to establish the VA reasonable value (38 U.S.C. 3710(b)(4), (5), (6) and 3731(f)(1)), which becomes the maximum loan guaranty amount an eligible Veteran can obtain.
US Code:
38 USC 513
Name of Law: Contracts and personal services
US Code:
38 USC 3704
Name of Law: Restrictions on loans
US Code:
38 USC 3710
Name of Law: Purchase or construction of homes
US Code:
38 USC 3711
Name of Law: Diect loans to veterans
US Code:
38 USC 3731
Name of Law: Appraisals
US Code:
38 USC 501
Name of Law: Rules and regulations
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.