H.R. 6933 · 118th Congress
Expanding Access to Lending Options Act
- Stage
- In committee
- Sponsor
- Scott Fitzgerald
- Introduced
- 2024-01-10
- Latest action
- 2024-01-11 · Sponsor introductory remarks on measure.
Summary
Expanding Access to Lending Options Act
This bill allows the National Credit Union Administration Board to increase the federal credit union loan maturity cap from 15 to 20 years. It also removes as a requirement for a mortgage from a credit union that a property must be a credit union member's principal residence.