Bill · S. 1932· Senate(119-S-1932)
VALID Act of 2025
- Introduced
- 6/3/2025
- Last activity
- 6/3/2025 — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Sponsored by
- Chris Van Hollen
- Cosponsors
- - 5 - 5
- Introduced
- In Committee
What this bill would do
This bill, known as the "VA Loan Informed Disclosure Act of 2025," seeks to amend existing housing laws. It requires that information regarding VA home loans be included in the Informed Consumer Choice Disclosure provided to prospective FHA borrowers. Additionally, the bill mandates the inclusion of a military service question on the Uniform Residential Loan Application. This question must be positioned above the signature line. The Director is tasked with requiring enterprises to include this question within six months of the act's enactment.
Yes· 3 of 5
Would veterans be better off under this, taking everything together?+5
The bill benefits veterans by providing more information about VA loan opportunities and standardizing military service disclosure.
Does this give people more protection from unfair business practices?+5
The bill enhances consumer protection by requiring disclosures regarding VA loan options for prospective FHA borrowers.
Does this make what the government does easier for the public to see?+5
The bill increases transparency in the lending process regarding VA loan availability.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
-
Increased Information for FHA Borrowers: The bill amends the National Housing Act to include information about loans guaranteed or insured under chapter 37 of title 38 in the Informed Consumer Choice Disclosure (Section 2). This provides prospective FHA borrowers with details regarding VA home loans assuming prevailing interest rates.
-
Standardized Military Service Identification: The bill requires the inclusion of a military service question on the Uniform Residential Loan Application (Section 3). This question must be positioned above the signature line (Section 3).
Potential Negative Impacts for People
- No specific negative impacts or burdens are explicitly stated in the provided text.
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 Veterans+5
- Economy And Finance
- Improves Consumer Protection+5
- Governance And Ideology
- Improves Government Transparency+5
- National Security And Foreign Policy
- Improves Veterans Benefits+5
- Social Issues And Justice
- Improves Affordable Housing+5
- 3/5/2026
- 1 Cosponsor added.
- 10/8/2025
- 2 Cosponsors added.
- 9/4/2025
- 2 Cosponsors added.
- 7/31/2025
- 2 Cosponsors added.
- 7/24/2025
- 2 Cosponsors added.
- 6/3/2025
- Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 1 Cosponsor added.
- Introduced in Senate
2 bills Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
John BoozmanRepublican · Arkansas
Christopher CoonsDemocrat · Delaware
John HickenlooperDemocrat · Colorado
Mazie HironoDemocrat · Hawaii
Timothy KaineDemocrat · Virginia
Cynthia LummisRepublican · Wyoming
Jerry MoranRepublican · Kansas
Pete RickettsRepublican · Nebraska
Dan SullivanRepublican · Alaska
Mark WarnerDemocrat · Virginia