# Agency Information Collection Activity: Interest Rate Reduction Refinancing Loan; Veterans Benefits Administration (VBA)
**AGENCY:**
Department of Veterans Affairs.
**ACTION:**
Notice; correction.
**SUMMARY:**
The Department of Veterans Affairs (VA) is correcting a Notice that published in the *Federal Register* on March 10, 2021 under the Paperwork Reduction Act (PRA) of 1995.
**FOR FURTHER INFORMATION CONTACT:**
Maribel Aponte, Office of Enterprise and Integration, Data Governance Analytics (008), 1717 H Street NW, Washington, DC 20006, (202) 266-4688 or email *[email protected].* Please refer to “OMB Control No. 2900-0386” in any correspondence.
**SUPPLEMENTARY INFORMATION:**
On Wednesday, March 10, 2021, at 86 FR 13789, VA published a Notice which 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 VA Form 26-8923 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.
**Correction**
The abstract is corrected to state the following:
The major use of this form is to determine the maximum permissible loan amount for interest rate reduction refinancing loans. Lenders are required to complete VA Form 26-8923, Interest Rate Reduction Refinancing Loan Worksheet, on all interest rate reduction refinancing loans and submit the form in the loan file when selected by VA for quality review.
Dated: June 24, 2021.
Dorothy Glasgow,
VA PRA Clearance Officer, (Alternate), Office of Enterprise and Integration/Data Governance Analytics, Department of Veterans Affairs.