Veterans buying homes would get faster decisions on VA loan assumptions
This bill would set a clear 45-day deadline for companies to decide on applications to take over a VA home loan. It would also require the Department of Veterans Affairs to update its rules for these companies and order an investigation into how quickly they process applications and if there's any unfair treatment. This aims to make the process smoother and fairer for veterans and others who want to assume a VA loan.
Today, there is no specific legal deadline for how long companies can take to process applications to take over a VA home loan. If this bill becomes law, companies would be legally required to make a decision on a complete application within 45 calendar days. The VA would also update its rules for these companies, and its watchdog office would investigate how well companies follow this new timeline.
HR 9379 · 119th Congress · June 18, 2026 · AI Summary by gemini-2.5-flash · 9/10
Sign in to see your representatives' phone numbers