Department of Veterans Affairs Loan Guaranty Cost Reduction Act of 2007
To amend title 38, United States Code, to make certain improvements to the housing loan benefit program of the Department of Veterans Affairs.
Other Bill Titles (2 more) 12/13/2007--Introduced.
Department of Veterans Affairs Loan Guaranty Cost Reduction Act of 2007 - Increases the maximum guarantee amount regarding home purchase or construction loans to certain veterans. Permits guaranteeing certain refinancing loans for 100% (currently, 90%) of reason... moreSee Full Bill Text
Committees
Amendments
This bill has no amendments.
Bill Status
| Introduced | ![]() | Voted on by House | ![]() | Voted on by Senate | ![]() | Considered By President | ![]() | Bill Becomes Law |
| December 13, 2007 |
In the News
December 14, 2007 Lawmakers seek to boost home-buying benefit
The bill, HR 4539, would raise the current $417000 limit to a new maximum of $521250. Buyer, the former committee chairman, said the chief reason for the ...
December 14, 2007 Lawmakers seek to boost home-buying benefit
The bill, HR 4539, would raise the current $417000 limit to a new maximum of $521250. Buyer, the former committee chairman, said the chief reason for the ...
Blog Coverage
June 09, 2008 Buyer Proposes Legislation to Help Vets in Home Mortage Trouble
Steve Buyer, R-Ind., ranking Republican on the veterans affairs committee, has a bill (HR 4539) that would, among other things, raise that ceiling for VA-backed loans for refinancing to at least $417000. Until that becomes law, ...
Source: The Hoosierpundit
December 17, 2007 Lawmakers seek to boost home-buying benefit
The bill, HR 4539, would raise the current $417000 limit to a new maximum of $521250. Buyer, the former committee chairman, said the chief reason for the increase is that the $417000 cap is so low that it precludes service members and ...
Source: VA Loan Updates
December 15, 2007 Maine Democrat introduces bill to help Veterans own or keep ...
The bill, HR 4539, would raise the current $417000 limit to a new maximum of $521250. Buyer, the former committee chairman, said the chief reason for the increase is that the $417000 cap is so low that it precludes service members and ...








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