Broker Action Coalition
The VA Home Loan Awareness Act - Increase Utilization of Earned VA Home Loan Benefits
Right now, an estimated 30% of Veterans are getting mortgages without using their VA Home Loan Benefit. The VA Home Loan is hands down the best mortgage product in the country, and it’s unacceptable that so many Veterans are missing out.

There are many reasons this happens, but lack of awareness is one of the biggest. That’s why H.R. 2362 and S. 138 propose a small but powerful change to the Uniform Residential Loan Application (the 1003). The bill would add a simple, two-sentence disclosure below the military service question:

“If yes, you may qualify for a VA Home Loan. Consult your lender regarding eligibility.”

This simple addition could dramatically increase awareness and utilization of the VA benefit. It also gives Veterans a reason to question lenders who may try to steer them away, making it more likely they’ll pick up the phone and call you.

Take Action Now!

    Subject
    Message Body
    Remaining: 0
    Post
    Remaining: 0
    Suggested Message
    Post
    Remaining: 0
  • Hide
    • Please call this number:

      Please do not close this window. You will need to come back to this window to enter your code.
      We just sent an email to ... containing a verification code.

      If you do not see the email within the next five minutes, please ensure you entered the correct email address and check your spam/junk mail folder.
      Enter Your Info