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Housing Loan Fee Waivers for Disabled Veterans

This act introduces changes to make it easier for disabled veterans to obtain waivers for housing loan fees guaranteed by the Department of Veterans Affairs. Veterans who applied for a loan before receiving an official disability rating can now apply for a refund of previously paid fees, directly impacting their personal finances.
Key points
Disabled veterans who applied for a housing loan before receiving a disability rating will be exempt from loan fees.
Ability to request a refund of housing loan fees paid before the act's enactment, if the veteran meets the new waiver criteria.
Refunded amounts will be applied to reduce the principal balance of the loan, lowering the total cost for the veteran.
article Official text account_balance Process page
Expired
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Additional Information
Print number: 118_HR_6193
Sponsor: Rep. Levin, Mike [D-CA-49]
Process start date: 2023-11-02
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

VALOR Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_6193.

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 2023-11-02.

What are the main provisions?

Key points include:

  • Disabled veterans who applied for a housing loan before receiving a disability rating will be exempt from loan fees.
  • Ability to request a refund of housing loan fees paid before the act's enactment, if the veteran meets the new waiver criteria.
  • Refunded amounts will be applied to reduce the principal balance of the loan, lowering the total cost for the veteran.
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. Levin, Mike [D-CA-49].

What is the latest detailed status?

The latest detailed status is: Forwarded by Subcommittee to Full Committee by Voice Vote.

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