Bill · H.R. 6511· House(119-HR-6511)
Affordable Homeownership Access Act
- Introduced
- 12/9/2025
- Last activity
- 12/9/2025 — Referred to the House Committee on Financial Services.
- Sponsored by
- Andy Barr
- Cosponsors
- - 3 - 1
- Introduced
- In Committee
What this bill would do
The Affordable Homeownership Access Act aims to exempt small seller financers from certain licensing requirements. It targets owner financers who provide credit for properties they own to buyers who may not use traditional bank financing. The bill modifies the S.A.F.E. Mortgage Licensing Act and the Truth in Lending Act to create specific exceptions for these individuals or entities. These exceptions apply to those extending credit for a limited number of residential mortgage loans or manufactured homes. Additionally, the bill mandates a joint study by the Secretaries of Housing and Urban Development and the Treasury regarding owner financing trends.
Yes· 3 of 8
Does this make it easier to run a small business?+6
The bill exempts small seller financers from certain mortgage licensing requirements to make it easier for them to provide credit.
Would business owners be better off under this?+5
The bill reduces regulatory burdens for small business owners who act as real estate owner financers.
Does this make housing cost less?+5
By expanding access to owner financing, the bill aims to assist underserved buyers in obtaining homes.
The opposite
Does this give people more protection from unfair business practices?-2
Reducing licensing requirements for mortgage originators may reduce the level of regulatory oversight for consumers.
Who it would affect, and how
Potential Positive Impacts for People
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Increased Homeownership Opportunities: The bill states that using owner financing can assist with family wealth creation through increased homeownership (Section 2).
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Neighborhood Stability: The findings suggest that more homes sold with owner financing can benefit home values and increase neighborhood stabilization (Section 2).
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Support for Underserved Buyers: The bill notes that the owner finance industry provides financing to underserved buyers who cannot or prefer not to obtain traditional bank or loan-based financing (Section 2).
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Licensing Exemptions for Small Sellers: Small seller financers who extend credit for no more than 24 residential mortgage loans in a 12-month period for property they own would be exempt from certain requirements (Section 3).
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Expanded Exceptions for Manufactured Homes: The bill provides exceptions for owner financing of consumer loans or extensions of credit secured by a manufactured home, provided the owner did not manufacture the home (Section 4).
Potential Negative Impacts for People
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Requirement for Ability to Pay Verification: To qualify for the exception, the owner must determine in good faith and document that the buyer has a reasonable ability to pay (Section 4).
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Loan Restrictions: The exemptions are subject to specific rules, such as the loan being fully amortizing and having specific interest rate structures (Section 4).
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Regulatory Oversight: The exceptions are subject to meeting any other criteria the Bureau may prescribe by rule (Section 4).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Business Owners+5Good For Low Income Households+4Good For Urban Residents+3Good For Middle Class Households+2Good For Rural Residents+2
- Social Issues And Justice
- Improves Affordable Housing+5Improves Poverty Reduction+3
- Economy And Finance
- Improves Small Business Support+6Improves Consumer Protection-2
- 2/10/2026
- 2 Cosponsors added.
- 1/21/2026
- 1 Cosponsor added.
- 12/9/2025
- Referred to the House Committee on Financial Services.
- 1 Cosponsor added.
- Introduced in House
Mark AlfordRepublican · Missouri
Vicente GonzalezDemocrat · Texas
Erin HouchinRepublican · Indiana
Daniel WebsterRepublican · Florida