26-6705b
Credit Statement of Prospective Purchaser
VA Form 26-6705b is the U.S. Department of Veterans Affairs Credit Statement of Prospective Purchaser. Its Privacy Act notice says the form serves as an application for credit from VA in connection with an offer to purchase a VA-acquired property, as authorized by 38 U.S.C. 1820(a)(5). VA's form page lists it under housing assistance.
The form is two pages. Page 1 covers the property and the requested loan, employment and income for the applicant and a spouse or co-applicant, combined assets and an authorization to release information. Page 2 covers bank accounts, monthly income and housing expenses, loans and other credit accounts, a federal debt question, the acknowledgments, agreements and certifications, and optional government monitoring information.
The form says VA and the Service Provider use the information to consider the offer to purchase. Neither the form nor VA's page prints a mailing address. You can fill out the PDF free in your browser on this page and download the result without an account.
Applicant names, mailing address and home phone, the VA property identifier and address, down payment, requested loan, rehabilitation amount, term and interest, home status, marital status, ages of dependents, attachments, nearest relative and the Item 13 spouse statements.
Date of birth, Social Security number, employer, dates, monthly income, job title and business phone for the applicant and spouse/co-applicant, then previous employers. The note asks for the latest two-year period when the present job is shorter or there is more than one employer.
Combined assets and cash or market values, from another loan or gift to buy the property to savings, stocks, real estate, furniture and vehicles, then the Authorization to Release Information with signature and date lines.
Depository names, account numbers and balances, gross monthly income by source for the applicant and spouse/co-applicant, and combined monthly housing and other expenses for the present home and the requested loan.
Creditor names, including landlords, with account numbers, balances and monthly payments, and a yes or no question on delinquent federal debt, or bankruptcy or a loan foreclosure within the past seven years.
Acknowledgments, agreements and certifications with signature lines, then race/ethnic origin and sex for government monitoring. The form says you are not required, but encouraged, to furnish this information, with a place to initial instead.
Item 11 lists all income documents as an attachment. The form says self-employed applicants send the latest tax returns and profit/loss statements for the last two years, and rental property owners send a list of property addresses, creditors, loan and rental amounts.
Enter the property and loan details, employment for the latest two years and combined assets. The form says to use a separate sheet if necessary.
The applicant and the spouse/co-applicant sign and date the Authorization to Release Information on page 1.
List accounts, monthly income and expenses, and creditors including present landlords. The form says to attach a separate sheet to list and explain items such as past due amounts, judgments and bankruptcies filed within the past seven years.
Sign and date Items 24 and 25. In the agreements, the applicant agrees to notify VA if income or expenses should change prior to closing.
You get the real form, filled in a browser tab, with nothing standing between you and the finished PDF.
The form names VA and the Service Provider as the recipients of the information. Neither the form nor VA's page prints a mailing address.
The footer of page 1 has a space for the purchase offer number.
The form says you can call 1-800-827-1000 to get information on where to send comments or suggestions about this form.
The January 2023 edition supersedes the January 2021 edition, which the form says will not be used. It carries OMB Approved No. 2900-0029 with an expiration date of 01/31/2026 printed on the form.
26-6705
72 fields, 2 pages
26-6705d
28 fields, 1 page
26-8497
62 fields, 1 page
26-8497a
69 fields, 1 page
26-6807
124 fields, 4 pages
The form names who completes it and who receives the information.
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Its Privacy Act notice says it serves as an application for credit from VA in connection with an offer to purchase a VA-acquired property.
Item 13 says credit information concerning the spouse will be necessary if the applicant is married and lives in, or the property is in, a community property state, relies on alimony, child support, separate maintenance or a spouse's income or assets to repay, or will be jointly obligated with the spouse.
Item 11 lists a separate credit statement from a co-applicant who is not the spouse of the applicant named in Item 1 as an attachment.
The form says you are not required, but encouraged, to furnish it, and that federal law prohibits a creditor from discriminating on this information or on the fact that it is not furnished. Items 26 and 27 have a place to initial instead.
The form says to disclose alimony, separate maintenance and child support income only if needed to repay the loan, and to send VA copies of court documents and evidence of payments.
Neither the form nor VA's page prints an address. The form names VA and the Service Provider as the recipients of the information.