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Access to Affordable Housing for Veterans Act of 2019

USA116th CongressS-2835| Senate 
| Updated: 11/12/2019
Jacky Rosen

Jacky Rosen

Democratic Senator

Nevada

Cosponsors (3)
Martha McSally (Republican)Kevin Cramer (Republican)Pat Roberts (Republican)

Banking, Housing, and Urban Affairs Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Access to Affordable Housing for Veterans Act of 2019 This bill provides additional notifications to service members regarding home loans available through the Department of Veterans Affairs (VA). The bill requires a Federal Housing Administration mortgage notice to a veteran to contain comparative rate and fee information about VA home loans. The uniform residential loan application developed by Fannie Mae and Freddie Mac must include a check box to indicate that the applicant is a veteran, the statement "If you are a veteran, you may be eligible for a VA mortgage," and a place to acknowledge such statement. Preseparation counseling for a service member prior to discharge from active duty must include information regarding the authority of a member to use an honorable discharge certificate as a certificate of eligibility for a VA guaranteed housing loan or to request a specific certificate of eligibility for such loan, and counseling on responsible borrowing practices.
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Timeline
Nov 12, 2019
Introduced in Senate
Nov 12, 2019
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • November 12, 2019
    Introduced in Senate


  • November 12, 2019
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Armed Forces and National Security

Government information and archivesHousing finance and home ownershipVeterans' loans, housing, homeless programs

Access to Affordable Housing for Veterans Act of 2019

USA116th CongressS-2835| Senate 
| Updated: 11/12/2019
Access to Affordable Housing for Veterans Act of 2019 This bill provides additional notifications to service members regarding home loans available through the Department of Veterans Affairs (VA). The bill requires a Federal Housing Administration mortgage notice to a veteran to contain comparative rate and fee information about VA home loans. The uniform residential loan application developed by Fannie Mae and Freddie Mac must include a check box to indicate that the applicant is a veteran, the statement "If you are a veteran, you may be eligible for a VA mortgage," and a place to acknowledge such statement. Preseparation counseling for a service member prior to discharge from active duty must include information regarding the authority of a member to use an honorable discharge certificate as a certificate of eligibility for a VA guaranteed housing loan or to request a specific certificate of eligibility for such loan, and counseling on responsible borrowing practices.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Nov 12, 2019
Introduced in Senate
Nov 12, 2019
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • November 12, 2019
    Introduced in Senate


  • November 12, 2019
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jacky Rosen

Jacky Rosen

Democratic Senator

Nevada

Cosponsors (3)
Martha McSally (Republican)Kevin Cramer (Republican)Pat Roberts (Republican)

Banking, Housing, and Urban Affairs Committee

Armed Forces and National Security

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Government information and archivesHousing finance and home ownershipVeterans' loans, housing, homeless programs