Tim Sheehy

07/11/2026 | Press release | Distributed by Public on 07/11/2026 11:00

Sheehy’s Bipartisan VA Home Loan Awareness Act Becomes Law

U.S. SENATE - Senator Tim Sheehy's bipartisan VA Home Loan Awareness Act has officially become law as part of the 21st Century Road to Housing Act, marking a major victory for veterans and military families across the country. The legislation, the first bill Senator Sheehy introduced in the Senate, will help ensure more veterans are informed about and able to access the VA Home Loan benefit they earned through their service.

"Our veterans earned these benefits through their service and sacrifice, and they deserve every opportunity to use them. By making sure more veterans know about the VA Home Loan program, this new law will help more military families achieve the dream of homeownership. I'm proud to see this bill become law through bipartisan cooperation, delivering a real win for those who served our nation," said Senator Sheehy.

Background:
The VA Home Loan Awareness Act, co-led by Senator Chris Van Hollen (D-Md.), aims to help more veterans take advantage of the VA Home Loan program by providing more information on the program and potential eligibility.

The VA Home Loan program is a key tool for helping veterans and their spouses achieve the American Dream. It offers veterans no down payment, no private mortgage insurance, and interest rates that are often lower than rates for conventional FHA loans. Despite these benefits, only 13 percent of veterans access the VA Home Loan program. Among veterans who don't use the VA Home Loan program, 33 percent say they are not aware of the program.

The VA Home Loan Awareness Act will help better inform veterans of opportunities provided by the VA Home Loan program by adding a disclosure to the Uniform Residential Loan Application (URLA) informing veterans they may be eligible for a VA Home Loan, directing applicants to consult their lender for more information about the VA Home Loan program, and instructing the Government Accountability Office (GAO) to conduct a review and report to Congress on lenders' adoption of these URLA updates.

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