S1932-119

1. Short title This Act may be cited as the VA Loan Informed Disclosure Act of 2025 or VALID Act of 2025.

2. FHA informed consumer choice disclosure Subparagraph (A) of section 203(f)(2) of the National Housing Act (12 U.S.C. 1709(f)(2)(A)) is amended— by inserting (i) after loan-to-value ratio; and by inserting before the semicolon the following: , and (ii) in connection with a loan guaranteed or insured under chapter 37 of title 38, United States Code, assuming prevailing interest rates. Nothing in the amendments made by subsection (a) shall be construed to require an original lender to determine whether a prospective borrower is eligible for any loan included in the notice required under section 203(f) of the National Housing Act (12 U.S.C. 1709(f)).

3. Military service question Subpart A of part 2 of subtitle A of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 (12 U.S.C. 4541 et seq.) is amended by adding at the end the following: Not later than 6 months after the date of enactment of this section, the Director shall require each enterprise to— include a military service question on the form known as the Uniform Residential Loan Application; and position the question described in paragraph (1) above the signature line of the Uniform Residential Loan Application. Not later than 6 months after the date of enactment of this Act, the Director of the Federal Housing Finance Agency shall issue a rule to carry out the amendment made by this section. 1329. Uniform residential loan application Not later than 6 months after the date of enactment of this section, the Director shall require each enterprise to— (1) include a military service question on the form known as the Uniform Residential Loan Application; and (2) position the question described in paragraph (1) above the signature line of the Uniform Residential Loan Application. .

1329. Uniform residential loan application Not later than 6 months after the date of enactment of this section, the Director shall require each enterprise to— include a military service question on the form known as the Uniform Residential Loan Application; and position the question described in paragraph (1) above the signature line of the Uniform Residential Loan Application.