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To amend the National Housing Act and the Housing and Community Development Act of 1992 to include information regarding VA home loans in the Informed Consumer Choice Disclosure required to be provided to prospective FHA borrowers and to require a military service question on the Uniform Residential Loan Application, and for other purposes.
Summary
- Requires the Informed Consumer Choice Disclosure provided to FHA loan applicants to include information about VA home loans and prevailing interest rates for VA loans
- Clarifies that lenders are not required to determine whether applicants are eligible for any loan option included in the disclosure
- Requires Fannie Mae and Freddie Mac (the government-sponsored enterprises) to include a military service question on the Uniform Residential Loan Application
- Requires the military service question to be positioned above the signature line on the application form
- Requires the Federal Housing Finance Agency Director to issue regulations within 6 months to implement the military service question requirement
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Sponsor (1)
94 cosponsors
- Del. Norton, Eleanor Holmes [D-DC-At Large] (D-DC)
- Rep. Auchincloss, Jake [D-MA-4] (D-MA)
- Rep. Baird, James R. [R-IN-4] (R-IN)
- Rep. Begich, Nicholas J. [R-AK-At Large] (R-AK)
- Rep. Bera, Ami [D-CA-6] (D-CA)
- Rep. Bergman, Jack [R-MI-1] (R-MI)
- Rep. Bresnahan, Robert P. [R-PA-8] (R-PA)
- Rep. Carson, André [D-IN-7] (D-IN)
- Rep. Carter, John R. [R-TX-31] (R-TX)
- Rep. Case, Ed [D-HI-1] (D-HI)
- Rep. Casten, Sean [D-IL-6] (D-IL)
- Rep. Castro, Joaquin [D-TX-20] (D-TX)
- Rep. Cline, Ben [R-VA-6] (R-VA)
- Rep. Cohen, Steve [D-TN-9] (D-TN)
- Rep. Correa, J. Luis [D-CA-46] (D-CA)
- Rep. Costa, Jim [D-CA-21] (D-CA)
- Rep. Craig, Angie [D-MN-2] (D-MN)
- Rep. Davis, Danny K. [D-IL-7] (D-IL)
- Rep. Davis, Donald G. [D-NC-1] (D-NC)
- Rep. Deluzio, Christopher R. [D-PA-17] (D-PA)
- Rep. DeSaulnier, Mark [D-CA-10] (D-CA)
- Rep. Evans, Gabe [R-CO-8] (R-CO)
- Rep. Finstad, Brad [R-MN-1] (R-MN)
- Rep. Fitzpatrick, Brian K. [R-PA-1] (R-PA)
- Rep. Fleischmann, Charles J. "Chuck" [R-TN-3] (R-TN)
- Rep. Franklin, Scott [R-FL-18] (R-FL)
- Rep. García, Jesús G. "Chuy" [D-IL-4] (D-IL)
- Rep. Garcia, Sylvia R. [D-TX-29] (D-TX)
- Rep. Gonzalez, Vicente [D-TX-34] (D-TX)
- Rep. Goodlander, Maggie [D-NH-2] (D-NH)
- Rep. Gosar, Paul A. [R-AZ-9] (R-AZ)
- Rep. Hageman, Harriet M. [R-WY-At Large] (R-WY)
- Rep. Harder, Josh [D-CA-9] (D-CA)
- Rep. Hayes, Jahana [D-CT-5] (D-CT)
- Rep. Horsford, Steven [D-NV-4] (D-NV)
- Rep. Jackson, Jonathan L. [D-IL-1] (D-IL)
- Rep. Kean, Thomas H. [R-NJ-7] (R-NJ)
- Rep. Kelly, Robin L. [D-IL-2] (D-IL)
- Rep. Khanna, Ro [D-CA-17] (D-CA)
- Rep. Kiggans, Jennifer A. [R-VA-2] (R-VA)
- Rep. Kim, Young [R-CA-40] (R-CA)
- Rep. Krishnamoorthi, Raja [D-IL-8] (D-IL)
- Rep. LaLota, Nick [R-NY-1] (R-NY)
- Rep. Larsen, Rick [D-WA-2] (D-WA)
- Rep. Lawler, Michael [R-NY-17] (R-NY)
- Rep. Letlow, Julia [R-LA-5] (R-LA)
- Rep. Lieu, Ted [D-CA-36] (D-CA)
- Rep. Lofgren, Zoe [D-CA-18] (D-CA)
- Rep. Loudermilk, Barry [R-GA-11] (R-GA)
- Rep. Luna, Anna Paulina [R-FL-13] (R-FL)
- Rep. Luttrell, Morgan [R-TX-8] (R-TX)
- Rep. Lynch, Stephen F. [D-MA-8] (D-MA)
- Rep. Mann, Tracey [R-KS-1] (R-KS)
- Rep. McBride, Sarah [D-DE-At Large] (D-DE)
- Rep. McGuire, John J. [R-VA-5] (R-VA)
- Rep. Mills, Cory [R-FL-7] (R-FL)
- Rep. Moolenaar, John R. [R-MI-2] (R-MI)
- Rep. Moulton, Seth [D-MA-6] (D-MA)
- Rep. Neguse, Joe [D-CO-2] (D-CO)
- Rep. Nehls, Troy E. [R-TX-22] (R-TX)
- Rep. Newhouse, Dan [R-WA-4] (R-WA)
- Rep. Norcross, Donald [D-NJ-1] (D-NJ)
- Rep. Nunn, Zachary [R-IA-3] (R-IA)
- Rep. Obernolte, Jay [R-CA-23] (R-CA)
- Rep. Panetta, Jimmy [D-CA-19] (D-CA)
- Rep. Pappas, Chris [D-NH-1] (D-NH)
- Rep. Randall, Emily [D-WA-6] (D-WA)
- Rep. Ross, Deborah K. [D-NC-2] (D-NC)
- Rep. Rutherford, John H. [R-FL-5] (R-FL)
- Rep. Salazar, Maria Elvira [R-FL-27] (R-FL)
- Rep. Salinas, Andrea [D-OR-6] (D-OR)
- Rep. Schakowsky, Janice D. [D-IL-9] (D-IL)
- Rep. Schneider, Bradley Scott [D-IL-10] (D-IL)
- Rep. Schrier, Kim [D-WA-8] (D-WA)
- Rep. Sewell, Terri A. [D-AL-7] (D-AL)
- Rep. Simon, Lateefah [D-CA-12] (D-CA)
- Rep. Smith, Adam [D-WA-9] (D-WA)
- Rep. Sorensen, Eric [D-IL-17] (D-IL)
- Rep. Strickland, Marilyn [D-WA-10] (D-WA)
- Rep. Subramanyam, Suhas [D-VA-10] (D-VA)
- Rep. Suozzi, Thomas R. [D-NY-3] (D-NY)
- Rep. Thanedar, Shri [D-MI-13] (D-MI)
- Rep. Thompson, Bennie G. [D-MS-2] (D-MS)
- Rep. Timmons, William R. [R-SC-4] (R-SC)
- Rep. Titus, Dina [D-NV-1] (D-NV)
- Rep. Tlaib, Rashida [D-MI-12] (D-MI)
- Rep. Tonko, Paul [D-NY-20] (D-NY)
- Rep. Torres, Norma J. [D-CA-35] (D-CA)
- Rep. Turner, Michael R. [R-OH-10] (R-OH)
- Rep. Valadao, David G. [R-CA-22] (R-CA)
- Rep. Williams, Nikema [D-GA-5] (D-GA)
- Rep. Wittman, Robert J. [R-VA-1] (R-VA)
- Rep. Womack, Steve [R-AR-3] (R-AR)
- Rescom. Hernández, Pablo Jose [D-PR-At Large] (D-PR)
Money behind the sponsor
Top reported contributors to Brittany Pettersen’s campaign committee (2024 cycle) — who funds the bill’s sponsor, not a claim about this bill. Data from FEC.
- NULL $30,671
- COINBASE $18,000
- ANDREESSEN HOROWITZ $13,200
- APOLLO GLOBAL MANAGEMENT $13,000
- SOLANA LABS $9,900
Organizations whose employees gave the most — itemized individual contributions grouped by the donor’s reported employer (FEC Schedule A). Full finance for Brittany Pettersen → · Outside spending →
Actions (2)
- Jun 3, 2025 Referred to the House Committee on Financial Services. · house
- Jun 3, 2025 Introduced in House
Similar bills (6)
Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.
Text versions (1)
Bills are re-published as they move (Introduced → Reported → Engrossed → Enrolled …). Each stage below is a separate text; pick two to see what changed. Data from Congress.gov.
Full text
IN THE HOUSE OF REPRESENTATIVES
June 3, 2025
Ms. Pettersen (for herself, Ms. Hageman, Ms. Williams of Georgia, and Mrs. Kim) introduced the following bill; which was referred to the Committee on Financial Services
A BILL
To amend the National Housing Act and the Housing and Community Development Act of 1992 to include information regarding VA home loans in the Informed Consumer Choice Disclosure required to be provided to prospective FHA borrowers and to require a military service question on the Uniform Residential Loan Application, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the “VA Loan Informed Disclosure Act of 2025” or the “VALID Act of 2025”.
SEC. 2. FHA INFORMED CONSUMER CHOICE DISCLOSURE.
(a) Inclusion of Information Relating to VA Loans.—Subparagraph
(A) of section 203(f)(2) of the National Housing Act (12 U.S.C. 1709(f)(2)(A)) is amended—
(1) by inserting “(i)” after “loan-to-value ratio”; and
(2) by inserting before the semicolon the following: “, and (ii) in connection with a loan guaranteed or insured under chapter 37 of title 38, United States Code, assuming prevailing interest rates”.
(b) Rule of Construction.—Nothing in the amendments made by subsection (a) shall be construed to require an original lender to determine whether a prospective borrower is eligible for any loan included in the notice required under section 203(f) of the National Housing Act (12 U.S.C. 1709(f)).
SEC. 3. MILITARY SERVICE QUESTION.
(a) In General.—Subpart A of part 2 of subtitle A of title 13 of the Housing and Community Development Act of 1992 (12 U.S.C. 4541 et seq.) is amended by adding at the end the following:
“SEC. 1329. UNIFORM RESIDENTIAL LOAN APPLICATION.
“The Director shall, not later than 6 months after the date of the enactment of this section, require each enterprise to—
“(1) include a military service question on the form known as the Uniform Residential Loan Application; and
“(2) position such question above the signature line of the Uniform Residential Loan Application.”.
(b) Rulemaking.—The Director of the Federal Housing Finance Agency shall, not later than 6 months after the date of the enactment of this section, issue a rule to carry out the amendment made by this section. <all>
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