Refinancing Relief for Veterans Act
HR 3384, the Refinancing Relief for Veterans Act, lowers loan fees for veterans refinancing their VA-backed mortgages during specific time periods. It reduces the upfront fee for interest rate reduction refinancing loans to 0.25% for loans closed between December 31, 2025, and December 31, 2027, down from the previous rate. The bill maintains a 0.50% fee for loans closed in other specified periods (2025-2027, 2032-2035, and after 2035), while setting a 0.75% fee for loans closed between 2032 and 2035. This directly affects veterans who choose to refinance their VA-guaranteed home loans during the defined date ranges.
Bill status
in committee
1 of 4 stages cleared
Introduction
May 2025
Committee Review
Floor Vote
President
Introduced May 14, 2025
Last action Jun 23, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
4
Key actions
0
Committee
3
Jun 23, 2025
Committee
Referred to the Subcommittee on Economic Opportunity.
lower
Jun 11, 2025
Committee
Hearings Held by the Subcommittee on Economic Opportunity Prior to Referral.
lower
May 14, 2025
Committee
Referred to the House Committee on Veterans' Affairs.
lower
May 14, 2025
Introduced
Introduced in House
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Derrick Van Orden
RRepublican
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