I 
119TH CONGRESS 
1ST SESSION H. R. 3694 
To amend the National Housing Act and the Housing and Community Devel-
opment 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. 
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 Com-
mittee on Financial Services 
A BILL 
To amend the National Housing Act and the Housing and 
Community Development Act of 1992 to include informa-
tion 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 Representa-
tives of the United States of America in Congress assembled, 
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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 fol-
lowing: ‘‘, and (ii) in connection with a loan guaran-
teed 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 prospec-
tive 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 add-
ing at the end the following: 
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‘‘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 en-
terprise to— 
‘‘(1) include a military service question on the 
form known as the Uniform Residential Loan Appli-
cation; 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. 
Æ 
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