VA Form 26-6807: Financial Statement Guide & PDF – The VA Form 26-6807, officially titled Financial Statement, is a key document in the U.S. Department of Veterans Affairs (VA) home loan program. Veterans, service members, and eligible spouses use it to provide detailed financial information when applying for or managing VA-guaranteed loans. This comprehensive guide explains everything you need to know about the form, including its purpose, how to complete it, and where to download the latest version.
What Is VA Form 26-6807?
VA Form 26-6807 is a standardized financial disclosure form used by the Veterans Benefits Administration (VBA). It collects information on income, assets, debts, employment, and other financial details to assess an applicant’s or borrower’s creditworthiness and ability to repay a VA loan.
The current version of the form is dated May 2023 (OMB Control No. 2900-0047, expiration 5/31/2026). It supersedes the July 2020 version.
Purpose of VA Form 26-6807
The primary purpose of VA Form 26-6807 is to help VA loan technicians and lenders evaluate financial stability. It is commonly used in these situations:
- Efforts to reinstate seriously defaulted VA loans
- VA Refund (VA Purchase) reviews under 38 CFR 36.4320
- Loan assumptions and release of liability applications
- Substitution of entitlement requests
- Supplemental servicing activities for VA home loans
By providing a clear picture of monthly income, assets, and liabilities, the form helps determine if a borrower can manage loan payments.
Who Needs to Complete VA Form 26-6807?
You may need to submit this form if you are:
- A veteran or service member applying for or managing a VA home loan
- Seeking to assume an existing VA loan
- Applying for release of liability on a prior VA loan
- Working to reinstate a defaulted VA loan
- A spouse whose income or financial information is relevant to the application (in certain cases)
If there is a co-borrower who is not a spouse, they should complete a separate form.
Key Sections of VA Form 26-6807
The 4-page form is divided into several sections:
Section I: General Information
Basic personal details including name, address, Social Security numbers, marital status, and dependent information. It also includes voluntary demographic information for government monitoring purposes.
Section II: Employment and Financial Status
Employment history for the past two years, monthly income (salary, pensions, other sources), assets (bank accounts, vehicles, real estate, etc.), and detailed debts/liabilities with monthly payments.
Section III: Credit References and Other Financial Information
Credit references, rental information, bankruptcy history, and prior VA loans.
Section IV: Real Estate Owned
Details on any properties owned, including market value, mortgages, and rental income.
Section V-VII: Additional Data, Remarks, and Certifications
Nearest relative contact, additional remarks, and signatures with certifications. False statements can result in penalties.
How to Fill Out VA Form 26-6807?
Follow these tips for accurate completion:
- Type or print clearly in ink
- Include all required information for both borrower and spouse where applicable
- Use Section VI “Remarks” or additional sheets for extra space
- Provide accurate income, asset, and debt figures
- Attach supporting documents like bank statements or pay stubs if requested
- Sign and date the form in ink
Spousal information is required in specific scenarios, such as joint obligations, reliance on spousal income, or community property states.
Download VA Form 26-6807 PDF
Download the latest VA Form 26-6807 (May 2023) PDF here
Official source: VA.gov Forms Page
Tips for Veterans Submitting the Financial Statement
- Be thorough and honest — inaccuracies can delay processing or affect loan approval
- Update information to reflect your current financial situation
- Coordinate with your VA-approved lender or Regional Loan Center
- Keep copies of the completed form and all supporting documents
- Contact the VA at 1-800-827-1000 with questions
Related VA Home Loan Forms
- VA Form 26-6382 – Often submitted together with 26-6807 for assumptions
- VA Form 26-1880 – Request for Certificate of Eligibility (COE)
Frequently Asked Questions (FAQs)
Is VA Form 26-6807 required for all VA loans?
No. It is primarily used for specific situations like loan servicing, defaults, assumptions, and certain underwriting reviews rather than every initial purchase application.
How long does it take to complete the form?
The estimated respondent burden is 45 minutes.
Where do I submit the completed form?
Submit to your VA Regional Loan Center or the office address indicated in your correspondence. Lenders often assist with routing.
Conclusion
VA Form 26-6807 plays a vital role in ensuring responsible lending practices within the VA home loan program, helping veterans achieve homeownership while protecting the integrity of the benefit. Accurate completion of this financial statement supports smoother processing of your VA loan-related requests.
For the most current information, always refer to official VA resources and consult with a VA-approved lender or housing counselor.