[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3384 Introduced in House (IH)]

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119th CONGRESS
  1st Session
                                H. R. 3384

To amend title 38, United States Code, to adjust fees for interest rate 
reduction refinancing housing loans guaranteed, insured, or made by the 
                     Secretary of Veterans Affairs.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                              May 14, 2025

Mr. Van Orden introduced the following bill; which was referred to the 
                     Committee on Veterans' Affairs

_______________________________________________________________________

                                 A BILL


 
To amend title 38, United States Code, to adjust fees for interest rate 
reduction refinancing housing loans guaranteed, insured, or made by the 
                     Secretary of Veterans Affairs.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Refinancing Relief for Veterans 
Act''.

SEC. 2. ADJUSTMENT OF FEES FOR INTEREST RATE REDUCTION REFINANCING 
              HOUSING LOANS GUARANTEED INSURED, OR MADE BY THE 
              SECRETARY OF VETERANS AFFAIRS.

    The loan fee table in section 3729(b)(2) of title 38, United States 
Code, is amended by striking the row in subparagraph (E) (relating to 
interest rate reduction refinancing loans) and inserting the following:


 
 
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``(E)(i) Interest rate reduction refinancing loan  0.50                 0.50                 0.50
 (closed on or after August 1, 2025, and before
 December 31, 2025)
(E)(ii) Interest rate reduction refinancing loan   0.25                 0.25                 0.25
 (closed on or after December 31, 2025, and
 before December 31, 2027)
(E)(iii) Interest rate reduction refinancing loan  0.50                 0.50                 0.50
 (closed on or after December 31, 2027, and
 before December 31, 2032)
(E)(iv) Interest rate reduction refinancing loan   0.75                 0.75                 0.75
 (closed on or after December 31, 2032, and
 before December 31, 2035)
(E)(v) Interest rate reduction refinancing loan    0.50                 0.50                 0.50''.
 (closed on or after December 31, 2035)
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