VALOR Act

The VALOR Act (HR 7598) ensures veterans with pending disability claims don't pay unnecessary housing loan fees. It requires the VA to refund or credit fees paid by veterans who later have their disability claims approved. Specifically, if a veteran pays a housing loan fee before their disability claim is decided and the claim is approved after payment, the VA must reimburse the fee amount. This directly affects veterans applying for VA-guaranteed home loans while awaiting disability compensation decisions. The bill creates a clear, automatic reimbursement process without requiring veterans to file separate claims for refunds.