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Introduced on April 9, 2025 by Max Miller
The Homes for Heroes Act would raise how much of a mortgage the VA can back for eligible veterans. It increases the VA guarantee from 25% to 37.5% of the Freddie Mac conforming loan limit, which could help some veterans qualify for larger loans or reduce what they need to put down. It also updates the fees the VA charges when a borrower refinances to a lower interest rate through the VA’s interest rate reduction program.
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