Congresswoman Nikema Williams Joins Pettersen, Boozman, Van Hollen, Kim, Hagemen to Introduce Bipartisan Legislation to Improve Homebuying Process for Veterans
WASHINGTON – Today, Congresswoman Nikema Williams (GA-05) – alongside Senators Chris Van Hollen (D-MD) and John Boozman (R-AR) and Representatives Brittany Pettersen (CO-07), Harriet Hageman (WY-AL), and Young Kim (CA-40) – introduced the Veterans Affairs Loan Informed Disclosure Act of 2025 (VALID Act). Despite potentially offering thousands of dollars in savings over the life of a loan, VA loans are underused – with only 10% to 15% of eligible veterans using the benefit, and some states as low as 6%. The bill introduced today provides a simple fix, ensuring veterans see VA loan options clearly laid out alongside conventional and FHA loans when applying for an FHA mortgage – making it easier to choose the best option for their needs.
Specifically, this bipartisan legislation would update Federal Housing Administration (FHA) mortgage disclosures to include VA Home Loans alongside FHA and conventional loan options. The bill would also ensure lenders are provided with important information regarding applicant’s military service so they can provide information about VA loans early in the homebuying process.
Congresswoman Nikema Williams said:
“Our veterans have earned every benefit available to them — including the opportunity for affordable homeownership. Unfortunately, too many miss out on VA loan options because they are unaware of them. I’m proud to join my colleagues in introducing the VALID Act that will ensure veterans can make fully informed decisions during the homebuying process. This legislation honors those who served and helps secure a better future for them and their families.”
“Our veterans put everything on the line to defend us, but far too often come home without the support they need,” said Rep. Pettersen. “No veteran should miss out on a benefit they’ve earned simply because they didn’t know it was an option. At a time when finding an affordable home is harder than ever, ensuring veterans have clear access to every funding resource available is critical. This legislation helps make homeownership possible and builds long-term stability for the brave men and women who’ve served our country.”
“We enjoy freedom in America due to the incredible sacrifices of our servicemen and women,” said Rep. Hageman. “Guaranteeing that our veterans receive the care and benefits they deserve is the least we can do. The VALID Act provides for this assurance by ensuring our veterans are informed of the advantageous home loan programs available to them as they chart their future.”
“Veterans put their lives on the line to protect our freedoms and, at the very least, deserve to know the benefits available to them. Anything less is unacceptable,” said Rep. Kim. “The VALID Act fully discloses the VA loan options available for veterans to use when buying a home. I’m proud to help lead this commonsense, bipartisan bill that ensures we have the backs of our brave men and women who had ours against global threats.”
“While we can never fully repay the debt we owe to our veterans, we have a duty to support them when they return home,” said Sen. Van Hollen. “The VA Home Loan has been helping servicemembers buy homes for over 80 years, but this funding resource remains severely underutilized by far too many of our veterans. This bipartisan legislation will help change that, ensuring more veterans and their families take advantage of the benefits they have earned.”
“We should make certain veterans are aware they qualify for help with purchasing a home or realizing more savings over the life of a mortgage,” said Sen. Boozman. “Since we know VA home loans are underutilized, there is a clear need to better identify this assistance earlier in the process. I am proud to join my colleagues in enhancing this earned benefit for our former servicemembers.”
“Why does it make any sense, at all, to disallow a veteran, like my husband, from reviewing, in a side-by-side view, of the actual written financial differences between the VA Home Loan when compared to a FHA Home Loan or a Conventional Home Loan? Updating the ‘informed consumer choice disclosure notice’ will close that loop,” said Lynn Jabs, Tacoma VAREP Chapter board member and National Legislative Chair at VAREP.
“VAREP wholeheartedly endorses the VA Loan Information Disclosure Act of 2025. This legislation will help correct an injustice of non-disclosure of all viable mortgage loan options to all home loan applicants who are eligible to take advantage of their earned VA Home Loan Guarantee Benefits,” said VAREP in a statement. “VAREP applauds Rep. Pettersen for taking action to require the original lender to include a third financial comparator, to the current disclosure law that requires only disclosure of the difference between an FHA and a Conventional loan. Adding the third comparison of the VA Home Loan, to the FHA Home Loan and the Conventional Home Loan is an essential missing loan disclosure element.”
Research has shown that 1 in 10 veterans have experienced homelessness, often years after completing service and returning home. At the same time, rising housing costs are making homeownership increasingly out of reach. Programs like the VA Home Loan are more important than ever, offering a path to homeownership that can save veterans thousands of dollars and help them build lasting financial security.
The legislation is endorsed by the Veterans Association of Real Estate Professionals (VAREP), the Broker Action Coalition, and the National Association of REALTORS®.
Read the one-pager on the bill here.
Full text of the bill is available here.