VA Home Loan Awareness Act of 2025

Sponsored bySen. Sheehy, Tim [R-MT]MT· Introduced 16 janvier 2025

Open on Congress.gov

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Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

16 janvier 2025·1 year ago

Summary

Introduced in Senate · Updated 6 août 2025

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.

Timeline

2 actions

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
16 janvier 2025 · IntroReferral
Introduced in Senate
16 janvier 2025 · IntroReferral

Sponsorship

26 cosponsors

Sponsor

Sen. Sheehy, Tim [R-MT]MT

Cosponsors

Democrat1454%
Republican1142%
Independent14%

Democrat:Sen. Reed, Jack [D-RI]RI
Republican:Sen. Risch, James E. [R-ID]ID
Democrat:Sen. Hassan, Margaret Wood [D-NH]NH
Democrat:Sen. Kelly, Mark [D-AZ]AZ
Democrat:Sen. Hickenlooper, John W. [D-CO]CO
Democrat:Sen. Ossoff, Jon [D-GA]GA
Democrat:Sen. Cortez Masto, Catherine [D-NV]NV
Democrat:Sen. Warner, Mark R. [D-VA]VA
Democrat:Sen. Gallego, Ruben [D-AZ]AZ
Republican:Sen. Ricketts, Pete [R-NE]NE
Republican:Sen. Cassidy, Bill [R-LA]LA
Republican:Sen. Moreno, Bernie [R-OH]OH
Republican:Sen. Cruz, Ted [R-TX]TX
Republican:Sen. Budd, Ted [R-NC]NC
Republican:Sen. Schmitt, Eric [R-MO]MO
Democrat:Sen. Whitehouse, Sheldon [D-RI]RI
Republican:Sen. Kennedy, John [R-LA]LA
Democrat:Sen. Warnock, Raphael G. [D-GA]GA
Republican:Sen. Tillis, Thomas [R-NC]NC
Democrat:Sen. Van Hollen, Chris [D-MD]MD
Democrat:Sen. Klobuchar, Amy [D-MN]MN
Democrat:Sen. Rosen, Jacky [D-NV]NV
Independent:Sen. Sanders, Bernard [I-VT]VT
Republican:Sen. Boozman, John [R-AR]AR
Republican:Sen. Cramer, Kevin [R-ND]ND
Democrat:Sen. Welch, Peter [D-VT]VT

Classification

Policy area

Housing and Community Development

Legislative subjects

Congressional oversightDepartment of Veterans AffairsGovernment lending and loan guaranteesGovernment studies and investigationsHousing finance and home ownershipVeterans' loans, housing, homeless programs

Committees

Banking, Housing, and Urban Affairs Committee
Senate · Standing
- Referred To16 Jan 2025
- Referred To16 Jan 2025

Cosponsor momentum

Cumulative over time

Track VA Home Loan Awareness Act of 2025 as it moves through Congress