For the latest local information regarding COVID-19, follow us on Facebook and see ourlocal news page

Bost Leads Effort to Modernize VA Home Loan Program

WASHINGTON, D.C. – U.S. Representative Mike Bost (IL-12) Thursday introduced the Improving Access to the VA Home Loan Act. The bill will enhance VA’s home loan program by streamlining the home buying process for veterans and their families.

“VA home loans have given millions of veterans and their families the opportunity to purchase a home,” said Bost. “Yet, on average, veterans wait longer and pay more during the closing process due to VA’s out-of-date appraisal requirements. That’s why I am introducing the Improving Access to the VA Home Loan Act of 2022 today. This bill will make sure that veterans are not unfairly disadvantaged during the home buying process and allow for a modern, digital appraisal process, which will get them into their new home faster.”

To learn more about H.R. 7735, the Improving Access to the VA Home Loan Act, click here.