Affordable Homes for Veterans Act of 2026

This bill would require servicers of home loans guaranteed by the Department of Veterans Affairs (VA) to process and decide on a complete application to take over (assume) such a loan within 45 calendar days. This rule would apply whether the servicer approves assumptions itself or sends them to a VA regional loan center. Within 30 days, the VA would have to update its guidance to servicers stating that the timeline is required by law and that servicers may not suggest longer timelines to discourage assumptions. The VA Inspector General would assess servicer compliance, processing times, denial rates, and possible unequal treatment of assumption applicants, report to Congress within 18 months, and publish the anonymized data.

Full text and official record on Congress.gov

Sponsors

• Eugene Simon Vindman Democrat sponsor
• 1 cosponsors