VA Form 26-6382: Complete Guide & PDF Download 2026 – VA Form 26-6382, titled “Statement of Purchaser or Owner Assuming Seller’s Loan”, is an official document used in the U.S. Department of Veterans Affairs (VA) home loan program. It is completed by the buyer (purchaser) who is assuming responsibility for an existing VA-guaranteed or VA direct home loan from the seller.
The form (revised June 2023, OMB Approved No. 2900-0111) helps the VA and loan servicer evaluate the assumption request, particularly for releasing the original veteran seller from personal liability.
Purpose of VA Form 26-6382 in VA Loan Assumptions
The primary purpose is to document the purchaser’s formal agreement to assume all liabilities and obligations of the seller’s VA loan. This is required for the seller to obtain a release of liability from the VA and the loan holder.
It provides detailed personal, employment, income, asset, and credit information about the purchaser to determine creditworthiness under VA standards. It is typically submitted with VA Form 26-6807 (Financial Statement). Veteran purchasers seeking substitution of entitlement must also include VA Form 26-8106.
Who Needs to Complete VA Form 26-6382?
- Non-veteran or veteran purchasers assuming an existing VA loan
- Buyers in a property transfer involving a VA loan assumption
- Parties where the seller requests release from liability
Both the seller (using VA Form 26-6381) and purchaser must coordinate documentation for approval.
Key Sections of VA Form 26-6382
- Loan and Property Information (VA loan number, address, seller details)
- Purchaser & Co-Purchaser Personal Information (name, veteran status, SSN, addresses)
- Details of the Sale (purchase price, unpaid balance, cash/secondary financing)
- Assumption Agreement and Certifications
- Signatures of Purchaser and Co-Purchaser
Accurate completion is essential for underwriting and approval.
How to Fill Out and Submit VA Form 26-6382?
- Download the latest official version (June 2023).
- Complete all sections accurately with supporting financial documentation.
- Attach VA Form 26-6807 and any required forms (e.g., 26-8106 for veterans).
- Submit the package to the VA Regional Office or through your loan servicer/lender.
The assumption process typically requires the loan to be current, the buyer to meet credit/income standards, and lender/VA approval. Processing can take 45-90 days.
Download VA Form 26-6382
Download Official VA Form 26-6382 PDF (June 2023)
Source: VA.gov Official Forms Page
VA Loan Assumption Process Overview
VA loan assumptions allow qualified buyers to take over the seller’s existing interest rate and terms. Benefits include potentially lower rates in high-interest environments and easier qualification for sellers seeking release.
Key requirements: Loan must be current; buyer creditworthy; proper documentation submitted.
Benefits for Sellers and Buyers
For Sellers
Release from liability and potential restoration of VA entitlement (via substitution if buyer is a veteran).
For Buyers
Access to favorable existing loan terms with a lower 0.5% funding fee compared to new loans.
Common Questions About VA Form 26-6382
Is it required for all assumptions? Yes, for release of seller liability.
What if the purchaser is a veteran? Submit VA Form 26-8106 for entitlement substitution.
Where to submit? Follow instructions on the form or contact your loan servicer/VA Regional Office.
Tips for a Successful VA Loan Assumption
- Work with experienced VA lenders or servicers familiar with assumptions.
- Verify loan assumability and gather documents early.
- Ensure clear title and proper deed recording.
- Consult professionals for entitlement and liability implications.