The “VA Home Loan GRACE Act of 2025” aims to increase the loan guaranty amounts for certain veterans under U.S. law. It modifies the existing table of maximum guaranty amounts and guaranty entitlements, particularly for loans exceeding $45,000. The bill also introduces penalties for false...
Simple Explanation
The "VA Home Loan GRACE Act of 2025" is a plan to help veterans get bigger loans when buying homes and make sure they don't say anything untrue when getting these loans. It also changes some money rules until the year 2031 so veterans can better understand what they owe.