S. 138 · 119th Congress
VA Home Loan Awareness Act of 2025
- Stage
- In committee
- Sponsor
- Tim Sheehy
- Introduced
- 2025-01-16
- Latest action
- 2025-01-16 · Introduced in Senate
Summary
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.