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Herrera Beutler has bill to help Purple Heart vets afford mortgages

 


U.S. Representative Jaime Herrera Beutler reintroduced a bill today to make home mortgages more affordable for active duty service members wounded in combat. Her legislation waives the funding fee for active duty Purple Heart recipients for loans guaranteed under the home loan program of the Department of Veterans Affairs (VA).

Currently, the home loan fee is only waived for veterans, or their surviving spouse, who are receiving VA compensation for a service-connected disability. Herrera Beutler’s bill would expand that waiver to include active duty service members who have been awarded a Purple Heart, saving them $4,000 – $10,000, depending on the size of their loan.

There are appr...



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