Reps. Rouda and Wright Lead Bipartisan Letter to Support Veterans’ Awareness of Home Loan Program Benefits
Washington, D.C. – Today, Rep. Harley Rouda (CA-48) and Rep. Ron Wright (TX-06), along with 30 fellow Members of Congress, sent a bipartisan letter to Mark A. Calabria, Director of the Federal Housing Finance Agency (FHFA), expressing concern over proposed changes to the Universal Residential Loan Application (URLA) that could adversely affect our service members and veterans.
Relocating the URLA’s “Military Service” section to below the signature and attestation section could result in confusion and lower rates of utilization of the VA Home Loan Program by veterans or active-duty service members. The letter requests the FHFA to explain the proposed change and acknowledge concerns from veteran advocates.
Said Rouda, “If you have filed taxes or registered for federal student loans, you know that government paperwork is anything but clear and concise. Our veterans and service members deserve better than complex forms that bury the military benefits they have painstakingly earned. I thank Congressman Wright for joining me in ensuring the bravest among us can access resources like the VA Home Loan Program.”
Said Wright, “We need to make sure that our veterans have a clear cut path to their benefits. This proposed change by the Federal Housing Finance Agency could create potential confusion during the application process and I look forward to hearing the reason for this change. I am proud to team up with Congressman Rouda to ensure our nation's heroes have access to the benefits they deserve.”
This letter is endorsed by the Orange County chapter of the Veterans Association of Real Estate Professionals (VAREP).
“I feel strongly that we must keep the ‘Military Service’ question below the borrower's basic information section to ensure veterans are aware of the VA loan program. This placement also ensures loan officers are doing their due diligence to provide their clients with every veteran loan option available. As a Marine Corps Veteran and advocate, I feel it’s my duty to make sure all veterans are educated and able to receive the benefits we earned and deserve." - Dex Cajigal, VAREP Orange County chapter