VA Home Loan Navigator Act

This bill would require the Department of Veterans Affairs (VA) to set up a program offering free, voluntary support services to veterans and other eligible borrowers using VA home loan benefits. Services would include education about loan benefits, help with eligibility certificates, counseling on getting, refinancing, and closing loans, help with loan servicing, and counseling on avoiding foreclosure. The VA could provide these services through approved nonprofit organizations that serve veterans, using counselors certified by the VA and recertified at least every three years. Groups providing services could not take payments or referral fees from lenders, servicers, or real estate agents, and the VA would report to Congress on the program each year for several years.

Full text and official record on Congress.gov

Sponsors

• Veronica Escobar Democrat sponsor
• 20 cosponsors