arrow_back Back to App

Increased Awareness of VA Home Loans for Veterans

New rules aim to increase veterans' awareness of available home loan programs. Lenders will be required to include specific information on loan applications, making it easier for veterans to check their eligibility for preferential terms. This could help veterans secure better financing for home purchases.
Key points
Mortgage loan applications will include information about potential VA Home Loan eligibility.
The change aims to improve veterans' access to Department of Veterans Affairs home loan programs.
A study will be conducted to assess lender compliance with the new requirements.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 118_HR_5979
Sponsor: Rep. De La Cruz, Monica [R-TX-15]
Process start date: 2023-10-25
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

VA Home Loan Awareness Act of 2023

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_5979.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2023-10-25.

What are the main provisions?

Key points include:

  • Mortgage loan applications will include information about potential VA Home Loan eligibility.
  • The change aims to improve veterans' access to Department of Veterans Affairs home loan programs.
  • A study will be conducted to assess lender compliance with the new requirements.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. De La Cruz, Monica [R-TX-15].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Financial Services.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

CATEGORIES

Benefits Real Estate