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Bill > HR815


US HR815

US HR815
To amend title 38, United States Code, to adjust certain limits on the guaranteed amount of a home loan under the home loan program of the Department of Veterans Affairs.


summary

Introduced
02/01/2017
In Committee
02/06/2017
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

115th Congress

Bill Summary

To amend title 38, United States Code, to adjust certain limits on the guaranteed amount of a home loan under the home loan program of the Department of Veterans Affairs. This bill changes the maximum amount of a veteran's home loan of more than $144,000 that is guaranteed by the Department of Veterans Affairs to 25% of the loan amount.

AI Summary

This bill amends Title 38 of the United States Code to adjust the limits on the amount of a home loan that is guaranteed by the Department of Veterans Affairs (VA). Specifically, it changes the maximum amount of a veteran's home loan of more than $144,000 that is guaranteed by the VA to 25% of the loan amount. This change aims to provide veterans with greater flexibility and access to home loan guarantees through the VA's home loan program.

Committee Categories

Business and Industry, Military Affairs and Security

Sponsors (2)

Last Action

Forwarded by Subcommittee to Full Committee by Voice Vote . (on 10/25/2017)

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