Bill Tracker / 119th Congress / S. 138
S. 138 Β· 119th Congress
VA Home Loan Awareness Act of 2025
Introducedβ
In Committeeβ
Passed One Chamberβ
Passed Both Chambersβ
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.
Introduced
01/16/2025
Policy Area
Housing and Community Development
Cosponsors
26