Proposed
Bill · 119th Congress · S 138
VA Home Loan Awareness Act of 2025
Refreshed 2 h ago
Introduced 2025-01-16Topic: housingSummary
Summary by the Congressional Research ServiceVA 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.
Sponsors
- Tim Sheehy Republican sponsor
- 26 cosponsors
Action history
| Date | Chamber | Action | Status effect |
|---|---|---|---|
| 2025-01-16 | Senate | Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. | refer |
| 2025-01-16 | Introduced in Senate | introduce |