HR3694119th CongressWALLET

VALID Act of 2025

Sponsored By: Representative Pettersen, Brittany [D-CO-7]

Introduced

Summary

Better visibility of VA loan terms in FHA disclosures. This bill would require FHA borrower disclosures to include information about VA home loans and would add a military service question to the Uniform Residential Loan Application.

Show full summary
  • Prospective borrowers, including veterans: Would see VA home loan information in the Informed Consumer Choice Disclosure when weighing FHA options, including a note that prevailing interest rates may apply to VA-guaranteed loans.
  • Military applicants and households: Each enterprise would add a military service question to the URLA and place it above the signature line, standardizing how service data is collected across mortgage applicants.
  • Lenders and regulators: The Federal Housing Finance Agency Director would have 6 months to issue a rule to implement the URLA change. The bill also clarifies that original lenders are not required to determine borrower eligibility for loans mentioned in the disclosure.

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Bill Overview

Analyzed Economic Effects

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

More VA loan info for homebuyers

If enacted, federal mortgage disclosures for FHA loans would add a line showing VA loan terms at current rates. This would take effect upon enactment, and lenders would not have to decide if a buyer qualifies for a VA loan. No later than 6 months after enactment, the standard mortgage application would add a military service question above the signature line. The Federal Housing Finance Agency would issue a rule to require this change. These steps could help veterans compare options and get flagged for VA loan programs.

Sponsors & CoSponsors

Sponsor

Pettersen, Brittany [D-CO-7]

CO • D

Cosponsors

  • Hageman

    WY • R

    Sponsored 6/3/2025

  • Rep. Williams, Nikema [D-GA-5]

    GA • D

    Sponsored 6/3/2025

  • Rep. Kim, Young [R-CA-40]

    CA • R

    Sponsored 6/3/2025

  • Rep. Fitzpatrick, Brian K. [R-PA-1]

    PA • R

    Sponsored 6/11/2025

  • Rep. Schneider, Bradley Scott [D-IL-10]

    IL • D

    Sponsored 6/17/2025

  • Rep. Moolenaar, John R. [R-MI-2]

    MI • R

    Sponsored 6/17/2025

  • Schakowsky

    IL • D

    Sponsored 6/17/2025

  • Rep. Newhouse, Dan [R-WA-4]

    WA • R

    Sponsored 6/17/2025

  • Rep. Strickland, Marilyn [D-WA-10]

    WA • D

    Sponsored 6/17/2025

  • Thompson (MS)

    MS • D

    Sponsored 6/17/2025

  • Khanna

    CA • D

    Sponsored 6/17/2025

  • Rep. Thanedar, Shri [D-MI-13]

    MI • D

    Sponsored 6/17/2025

  • Rep. Titus, Dina [D-NV-1]

    NV • D

    Sponsored 6/23/2025

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

    IL • D

    Sponsored 6/23/2025

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

    DC • D

    Sponsored 6/23/2025

  • Casten

    IL • D

    Sponsored 6/23/2025

  • Cohen

    TN • D

    Sponsored 6/23/2025

  • Costa

    CA • D

    Sponsored 6/23/2025

  • Jackson (IL)

    IL • D

    Sponsored 6/23/2025

  • Rep. Lieu, Ted [D-CA-36]

    CA • D

    Sponsored 6/23/2025

  • Rep. Moulton, Seth [D-MA-6]

    MA • D

    Sponsored 6/23/2025

  • Rep. Gosar, Paul A. [R-AZ-9]

    AZ • R

    Sponsored 6/23/2025

  • Rep. Garcia, Sylvia R. [D-TX-29]

    TX • D

    Sponsored 6/23/2025

  • Davis (IL)

    IL • D

    Sponsored 6/23/2025

  • Rep. Tonko, Paul [D-NY-20]

    NY • D

    Sponsored 6/23/2025

  • Craig

    MN • D

    Sponsored 6/23/2025

  • Timmons

    SC • R

    Sponsored 6/24/2025

  • Rep. Salinas, Andrea [D-OR-6]

    OR • D

    Sponsored 6/24/2025

  • Auchincloss

    MA • D

    Sponsored 6/24/2025

  • Castro (TX)

    TX • D

    Sponsored 6/24/2025

  • Rep. Kelly, Robin L. [D-IL-2]

    IL • D

    Sponsored 6/25/2025

  • Rep. Neguse, Joe [D-CO-2]

    CO • D

    Sponsored 6/25/2025

  • McBride

    DE • D

    Sponsored 6/25/2025

  • Smith (WA)

    WA • D

    Sponsored 6/26/2025

  • Rep. Lawler, Michael [R-NY-17]

    NY • R

    Sponsored 6/26/2025

  • Rep. Begich, Nicholas J. [R-AK-At Large]

    AK • R

    Sponsored 6/26/2025

  • Rep. Finstad, Brad [R-MN-1]

    MN • R

    Sponsored 6/27/2025

  • Rep. Bergman, Jack [R-MI-1]

    MI • R

    Sponsored 6/30/2025

  • Rep. Tlaib, Rashida [D-MI-12]

    MI • D

    Sponsored 6/30/2025

  • Schrier

    WA • D

    Sponsored 6/30/2025

  • Davis (NC)

    NC • D

    Sponsored 7/2/2025

  • Nehls

    TX • R

    Sponsored 7/10/2025

  • Carson

    IN • D

    Sponsored 7/10/2025

  • Rep. Ross, Deborah K. [D-NC-2]

    NC • D

    Sponsored 7/16/2025

  • Wittman

    VA • R

    Sponsored 7/22/2025

  • Rutherford

    FL • R

    Sponsored 7/23/2025

  • Simon

    CA • D

    Sponsored 7/29/2025

  • Rep. García, Jesús G. "Chuy" [D-IL-4]

    IL • D

    Sponsored 7/29/2025

  • Rescom. Hernández, Pablo Jose [D-PR-At Large]

    PR • D

    Sponsored 7/29/2025

  • Rep. Fleischmann, Charles J. "Chuck" [R-TN-3]

    TN • R

    Sponsored 9/2/2025

  • Gonzalez, V.

    TX • D

    Sponsored 9/2/2025

  • Turner (OH)

    OH • R

    Sponsored 9/3/2025

  • Rep. Larsen, Rick [D-WA-2]

    WA • D

    Sponsored 9/8/2025

  • Rep. Baird, James R. [R-IN-4]

    IN • R

    Sponsored 9/8/2025

  • Rep. Goodlander, Maggie [D-NH-2]

    NH • D

    Sponsored 9/26/2025

  • Rep. Hayes, Jahana [D-CT-5]

    CT • D

    Sponsored 9/26/2025

  • LaLota

    NY • R

    Sponsored 10/3/2025

  • Rep. Pappas, Chris [D-NH-1]

    NH • D

    Sponsored 10/3/2025

  • Rep. Nunn, Zachary [R-IA-3]

    IA • R

    Sponsored 10/6/2025

  • Evans (CO)

    CO • R

    Sponsored 10/6/2025

  • Franklin, Scott

    FL • R

    Sponsored 10/10/2025

  • Rep. Subramanyam, Suhas [D-VA-10]

    VA • D

    Sponsored 10/10/2025

  • Rep. Panetta, Jimmy [D-CA-19]

    CA • D

    Sponsored 10/10/2025

  • Womack

    AR • R

    Sponsored 10/21/2025

  • Rep. Harder, Josh [D-CA-9]

    CA • D

    Sponsored 10/24/2025

  • Rep. Torres, Norma J. [D-CA-35]

    CA • D

    Sponsored 10/24/2025

  • Mills

    FL • R

    Sponsored 10/24/2025

  • Rep. Valadao, David G. [R-CA-22]

    CA • R

    Sponsored 10/24/2025

  • Rep. Luttrell, Morgan [R-TX-8]

    TX • R

    Sponsored 10/24/2025

  • Rep. Bera, Ami [D-CA-6]

    CA • D

    Sponsored 10/28/2025

  • Randall

    WA • D

    Sponsored 11/7/2025

  • Rep. Carter, John R. [R-TX-31]

    TX • R

    Sponsored 11/7/2025

  • Obernolte

    CA • R

    Sponsored 11/7/2025

  • Salazar

    FL • R

    Sponsored 11/7/2025

  • Rep. Lynch, Stephen F. [D-MA-8]

    MA • D

    Sponsored 11/7/2025

  • Norcross

    NJ • D

    Sponsored 11/12/2025

  • Rep. Letlow, Julia [R-LA-5]

    LA • R

    Sponsored 11/17/2025

  • Rep. Horsford, Steven [D-NV-4]

    NV • D

    Sponsored 11/17/2025

  • Rep. Cline, Ben [R-VA-6]

    VA • R

    Sponsored 12/12/2025

  • Rep. Case, Ed [D-HI-1]

    HI • D

    Sponsored 12/16/2025

  • Bresnahan

    PA • R

    Sponsored 12/18/2025

  • Rep. Kiggans, Jennifer A. [R-VA-2]

    VA • R

    Sponsored 1/8/2026

  • Rep. Suozzi, Thomas R. [D-NY-3]

    NY • D

    Sponsored 1/21/2026

  • Rep. Sorensen, Eric [D-IL-17]

    IL • D

    Sponsored 1/22/2026

  • Loudermilk

    GA • R

    Sponsored 2/3/2026

  • Rep. Luna, Anna Paulina [R-FL-13]

    FL • R

    Sponsored 3/25/2026

  • Kean

    NJ • R

    Sponsored 4/6/2026

  • Sewell

    AL • D

    Sponsored 4/27/2026

  • Rep. Deluzio, Christopher R. [D-PA-17]

    PA • D

    Sponsored 4/27/2026

  • McGuire

    VA • R

    Sponsored 4/30/2026

Roll Call Votes

No roll call votes available for this bill.

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