πŸ‡ΊπŸ‡ΈSearchMyRep

Bill Tracker / 119th Congress / S. 138

S. 138 Β· 119th Congress

VA Home Loan Awareness Act of 2025

Introduced→
In Committee→
Passed One Chamber→
Passed Both Chambers→
Became Law

Latest action: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. β€” 01/16/2025

What This Bill Does

VA Home Loan Awareness Act of 2025

This bill requires mortgage lenders to include on the Uniform Residential Loan Application (i.e., Fannie Mae Form 1003 or Freddie Mac Form 65) a notification that applicants with military service may qualify for a Department of Veterans Affairs Home Loan.

Not later than 18 months after the enactment of the bill, the Government Accountability Office must study and report on whether at least 80% of lenders using the loan application form have met this requirement.

Summary as of 01/16/2025, via Congress.gov / Congressional Research Service.

Sponsor
Tim Sheehy β†—
R Β· Montana
Introduced
01/16/2025
Policy Area
Housing and Community Development
Cosponsors
26
πŸ“‹ Full Bill Text & History on Congress.gov β†—

Look Up Another Bill

S. 138 β€” VA Home Loan Awareness Act of 2025 | SearchMyRep | SearchMyRep