Home Affordability for Guard and Reserve Act

Sponsor: Tom Barrett (Republican-MI)

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Introduced

In Committee

Passed One Chamber

Passed Both Chambers

Signed into Law

Referred to the Subcommittee on Economic Opportunity.

VA Home Loans Open to More Guard and Reserve, Some Pay Extra Fee

This bill would help more National Guard and Reserve members get VA home loans. It would count more types of their service towards eligibility, even for service since September 11, 2001. However, some new applicants with shorter service would pay an extra 1.00 percentage point on their loan fee.

What Would Change

Today, many National Guard and Reserve members do not qualify for VA home loans. This is because their specific types of service or shorter active duty periods are not counted. If this bill becomes law, more types of service for these members would count towards VA home loan eligibility. This includes service dating back to September 11, 2001. Also, a new group of people with at least 14 days of specific active duty service would become eligible. However, they would pay an extra 1.00 percentage point on their loan fee.

Key Provisions

Expands the definition of "active duty" for VA home loans to include more types of service for Reserve and National Guard members.
Makes these expanded eligibility rules apply to service performed on or after September 11, 2001.
Lets individuals with at least 14 days of specific active duty service and completed training qualify for VA home loans.
Adds 1.00 percentage point to the loan fee for those who qualify for VA home loans only through this new, shorter service rule.
Requires the Department of Veterans Affairs to inform eligible Reserve and National Guard members about their new housing loan benefits.

View on Congress.gov

HR 7009 · 119th Congress · AI Summary by gemini-2.5-flash · 10/10

Home Affordability for Guard and Reserve Act

What Would Change

Key Provisions

Lobbying Activity