VA Updates Borrower Financial Statement Form Details
Published Date: 2/23/2026
Notice
Summary
The VA wants your thoughts on updating their Financial Statement form, which helps check a borrower's money situation for loan reinstatements. If you’re involved with VA loans or financial info, this affects you! You’ve got until April 24, 2026, to share your ideas—no cost, just your feedback to make things smoother and clearer.
Analyzed Economic Effects
3 provisions identified: 1 benefits, 2 costs, 0 mixed.
Form used for Specially Adapted Housing grants
VA Form 26-6807 is also used to determine whether a veteran or service member can feasibly obtain a home with the assistance of a Specially Adapted Housing Grant under 38 U.S.C., Chapter 21. The collection is a one-time submission tied to that grant assessment.
Big jump in respondents and total burden
VA increased the estimated number of participating veterans from 29 to 1,200 respondents annually for VA Form 26-6807, with an estimated total annual burden of 900 hours and an average burden of 45 minutes per respondent. Comments on this revision are due by April 24, 2026.
Form used for VA loan reinstatements
VA Form 26-6807 (Financial Statement) is used to determine a borrower's financial condition when trying to reinstate a seriously defaulted guaranteed, insured, or portfolio loan. The form is submitted one time and VA estimates the average burden per respondent is 45 minutes.
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