To amend title 38, United States Code, to adjust certain limits on the guaranteed amount of a home loan under the home loan program of the Department of Veterans Affairs.

1/11/2023, 1:28 PM

Congressional Summary of HR 1187

Changes the maximum amount of a veteran's home loan of more than $144,000 that is guaranteed by the Department of Veterans Affairs to 25% of the loan amount.

Current Status of Bill HR 1187

Bill HR 1187 is currently in the status of Bill Introduced since February 27, 2015. Bill HR 1187 was introduced during Congress 114 and was introduced to the House on February 27, 2015.  Bill HR 1187's most recent activity was Forwarded by Subcommittee to Full Committee by Voice Vote . as of April 16, 2015

Bipartisan Support of Bill HR 1187

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
6
Democrat Cosponsors
5
Republican Cosponsors
1
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 1187

Primary Policy Focus

Armed Forces and National Security

Potential Impact Areas

Government lending and loan guaranteesHousing finance and home ownershipVeterans' loans, housing, homeless programs

Alternate Title(s) of Bill HR 1187

To amend title 38, United States Code, to adjust certain limits on the guaranteed amount of a home loan under the home loan program of the Department of Veterans Affairs.To amend title 38, United States Code, to adjust certain limits on the guaranteed amount of a home loan under the home loan program of the Department of Veterans Affairs.
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