HR6125119th CongressWALLET

Housing Financial Literacy Act of 2025

Sponsored By: Representative Rep. Beatty, Joyce [D-OH-3]

Introduced

Summary

Would give first-time homebuyers a discount on FHA mortgage insurance if they complete approved housing counseling before signing their mortgage application or sales contract. The bill would lower the FHA single-family mortgage insurance premium by 0.25 percentage points from the standard premium the Secretary sets and replaces prior language that referenced a 2.75 percent cap. The discount applies only when counseling finishes before signing and is written as a premium reduction rather than a separate subsidy.

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Lower FHA insurance for first-time buyers

If enacted, first-time homebuyers using an FHA-insured mortgage would pay a lower insurance premium. The rate would be 0.25 percentage points (25 basis points) below the standard FHA premium. To qualify, you would need to finish a housing financial literacy counseling program before signing a mortgage application or a sales agreement. This would apply only to FHA single-family mortgages. The bill does not list a start date.

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Sponsors & CoSponsors

Sponsor

Rep. Beatty, Joyce [D-OH-3]

OH • D

Cosponsors

  • Rep. Carey, Mike [R-OH-15]

    OH • R

    Sponsored 11/19/2025

  • Rep. Adams, Alma S. [D-NC-12]

    NC • D

    Sponsored 11/19/2025

  • Rep. Bishop, Sanford D., Jr. [D-GA-2]

    GA • D

    Sponsored 11/19/2025

  • Rep. Carson, Andre [D-IN-7]

    IN • D

    Sponsored 11/19/2025

  • Rep. Case, Ed [D-HI-1]

    HI • D

    Sponsored 11/19/2025

  • Rep. Clarke, Yvette D. [D-NY-9]

    NY • D

    Sponsored 11/19/2025

  • Rep. Cleaver, Emanuel [D-MO-5]

    MO • D

    Sponsored 11/19/2025

  • Rep. Cohen, Steve [D-TN-9]

    TN • D

    Sponsored 11/19/2025

  • Craig

    MN • D

    Sponsored 11/19/2025

  • Rep. Davis, Donald G. [D-NC-1]

    NC • D

    Sponsored 11/19/2025

  • Rep. Evans, Dwight [D-PA-3]

    PA • D

    Sponsored 11/19/2025

  • Rep. Fields, Cleo [D-LA-6]

    LA • D

    Sponsored 11/19/2025

  • Rep. Hayes, Jahana [D-CT-5]

    CT • D

    Sponsored 11/19/2025

  • Rep. Johnson, Henry C. "Hank," Jr. [D-GA-4]

    GA • D

    Sponsored 11/19/2025

  • Rep. Johnson, Julie [D-TX-32]

    TX • D

    Sponsored 11/19/2025

  • Rep. Kelly, Robin L. [D-IL-2]

    IL • D

    Sponsored 11/19/2025

  • Rep. Krishnamoorthi, Raja [D-IL-8]

    IL • D

    Sponsored 11/19/2025

  • Mannion

    NY • D

    Sponsored 11/19/2025

  • McBride

    DE • D

    Sponsored 11/19/2025

  • Rep. Meeks, Gregory W. [D-NY-5]

    NY • D

    Sponsored 11/19/2025

  • Rep. Moore, Gwen [D-WI-4]

    WI • D

    Sponsored 11/19/2025

  • Rep. Mullin, Kevin [D-CA-15]

    CA • D

    Sponsored 11/19/2025

  • Del. Norton, Eleanor Holmes [D-DC-At Large]

    DC • D

    Sponsored 11/19/2025

  • Rep. Scott, David [D-GA-13]

    GA • D

    Sponsored 11/19/2025

  • Rep. Smith, Adam [D-WA-9]

    WA • D

    Sponsored 11/19/2025

  • Rep. Thanedar, Shri [D-MI-13]

    MI • D

    Sponsored 11/19/2025

  • Rep. Thompson, Bennie G. [D-MS-2]

    MS • D

    Sponsored 11/19/2025

  • Rep. Tokuda, Jill N. [D-HI-2]

    HI • D

    Sponsored 11/19/2025

  • Rep. Stevens, Haley M. [D-MI-11]

    MI • D

    Sponsored 11/21/2025

  • Rep. Titus, Dina [D-NV-1]

    NV • D

    Sponsored 11/21/2025

  • Rep. Subramanyam, Suhas [D-VA-10]

    VA • D

    Sponsored 12/2/2025

  • Rep. Houlahan, Chrissy [D-PA-6]

    PA • D

    Sponsored 12/9/2025

  • Rep. Correa, J. Luis [D-CA-46]

    CA • D

    Sponsored 12/17/2025

Roll Call Votes

No roll call votes available for this bill.

View on Congress.gov
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