S. 1932Senate119th Congress (2025-2027)In Committee

VALID Act of 2025

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.

Also known as VA Loan Informed Disclosure Act of 2025

AI-Generated Summary

Updated November 24, 2025 at 12:18 AM UTC

The VALID Act of 2025 updates federal housing laws to make information about VA home loans part of the disclosure that FHA borrowers receive, helping veterans compare loan options. It also adds a military service question to the standard loan application, ensuring lenders collect that data. The changes apply to FHA‑insured lenders and the Federal Housing Finance Agency, which must issue implementing rules within six months.

Key Provisions

Adds a requirement that the FHA’s Informed Consumer Choice Disclosure given to prospective borrowers must include information about VA home loans, specifically noting loan‑to‑value ratios and prevailing interest rates for loans guaranteed under the VA program.
Mandates that the Uniform Residential Loan Application used by FHA‑insured lenders include a question about the applicant’s military service, placed above the signature line.
Requires the Federal Housing Finance Agency to issue a rule within six months of enactment to implement the new military service question.

Legislative Activity

Stay on top of the latest movement without scrolling through every action

1 earlier action

SenateIntro Referral Latest Action

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Banking, Housing, and Urban Affairs Committee

June 3, 2025

View full timeline

SenateIntro Referral

Introduced in Senate

June 3, 2025

SenateIntro Referral

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Banking, Housing, and Urban Affairs Committee

June 3, 2025

Bill Text

Latest available legislative text

Reading Mode

Raw Text PDF XML

Introduced in SenateIssued June 3, 2025

119th CONGRESS

1st Session

S. 1932

IN THE SENATE OF THE UNITED STATES

June 3, 2025

Mr. Van Hollen (for himself and Mr. Boozman) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs

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.

Short title

This Act may be cited as the VA Loan Informed Disclosure Act of 2025 or VALID Act of 2025.

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)).

Military service question

(a)

In general

Subpart A of part 2 of subtitle A of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 (12 U.S.C. 4541 et seq.) is amended by adding at the end the following:

1329.

Uniform residential loan application

Not later than 6 months after the date of enactment of this section, the Director shall require each enterprise to—

(1)

include a military service question on the form known as the Uniform Residential Loan Application; and

(2)

position the question described in paragraph (1) above the signature line of the Uniform Residential Loan Application.

(b)

Rulemaking

Not later than 6 months after the date of enactment of this Act, the Director of the Federal Housing Finance Agency shall issue a rule to carry out the amendment made by this section.