8320-01
DEPARTMENT OF VETERANS AFFAIRS
[OMB Control No. 2900-0386]
Agency Information Collection Activity: Interest Rate Reduction
Refinancing Loan Worksheet
AGENCY: Veterans Benefits Administration (VBA), Department of Veterans
Affairs.
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: Comments must be received on or before [INSERT DATE 60 DAYS AFTER
DATE OF PUBLICATION IN THE FEDERAL REGISTER].
ADDRESSES: Comments must be submitted through www.regulations.gov
FOR FURTHER INFORMATION CONTACT:
Program-Specific information: Nancy J. Kessinger, 202-632-8924,
Nancy.Kessinger@va.gov.
VA PRA information: Maribel Aponte, 202-461-8900, vacopaperworkreduact@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: Agency Information Collection Activity: Interest Rate Reduction Refinancing Loan
Worksheet VA Form 26-8923.
OMB Control Number: 2900-0386 https://www.reginfo.gov/public/do/PRASearch.
Type of Review: Extension of a currently approved collection.
Abstract: VA Form 26-8923 is used to determine Veterans eligible for an exception to
pay a funding fee in connection with a VA-guaranteed loan. Lenders are required to
complete the form on all interest rate reduction refinancing loans and submit the form to
the Veteran no later than the third business day after receiving the Veteran’s
application.
Affected Public: Individuals and Lenders
Estimated Annual Burden: 86,647 hours.
Estimated Average Burden Per Respondent: 30 minutes.
Frequency of Response: One Time.
Estimated Number of Respondents: 173,293.
Authority: 44 U.S.C. 3501 et seq.
Maribel Aponte,
VA PRA Clearance Officer,
Office of Enterprise and Integration/Data Governance Analytics,

Department of Veterans Affairs.

[FR Doc. 2024-15550 Filed: 7/15/2024 8:45 am; Publication Date: 7/16/2024]