Refinancing Relief for Veterans Act

Bill: 119-hr-3384
Sponsor: full_name: Rep. Van Orden, Derrick [R-WI-3]
Introduced: 2025-05-14
Policy area: Armed Forces and National Security
Subjects: Government lending and loan guarantees

Interest, dividends, interest rates

User charges and fees

Veterans' loans, housing, homeless programs
Latest action: action_date: 2025-06-23
text: Referred to the Subcommittee on Economic Opportunity.

Summaries:

tv_txt: I 119th CONGRESS 1st Session H. R. 3384 IN THE HOUSE OF REPRESENTATIVES May 14, 2025 Mr. Van Orden introduced the following bill; which was referred to the Committee on Veterans’ Affairs A BILL To amend title 38, United States Code, to adjust fees for interest rate reduction refinancing housing loans guaranteed, insured, or made by the Secretary of Veterans Affairs.

1. Short title This Act may be cited as the Refinancing Relief for Veterans Act . 2. Adjustment of fees for interest rate reduction refinancing housing loans guaranteed insured, or made by the Secretary of Veterans Affairs The loan fee table in section 3729(b)(2) of title 38, United States Code, is amended by striking the row in subparagraph (E) (relating to interest rate reduction refinancing loans) and inserting the following: (E)(i) Interest rate reduction refinancing loan (closed on or after August 1, 2025, and before December 31, 2025) 0.50 0.50 0.50 (E)(ii) Interest rate reduction refinancing loan (closed on or after December 31, 2025, and before December 31, 2027) 0.25 0.25 0.25 (E)(iii) Interest rate reduction refinancing loan (closed on or after December 31, 2027, and before December 31, 2032) 0.50 0.50 0.50 (E)(iv) Interest rate reduction refinancing loan (closed on or after December 31, 2032, and before December 31, 2035) 0.75 0.75 0.75 (E)(v) Interest rate reduction refinancing loan (closed on or after December 31, 2035) 0.50 0.50 0.50 .