This bill grants a Congressional Charter to the Veterans Association of Real Estate Professionals (VAREP). We are the only HUD-certified Veteran Service Organization supporting military community housing and financial needs.

Mandates a Federal Housing Administration (FHA) mortgage notice to enhance transparency by offering a “side-by-side” comparison of conventional, FHA, and VA loans, enabling veterans and servicemembers to make informed decisions on the best loan product for their needs.

The MFLA addresses critical gaps identified in GAO Report 25-107666 by strengthening DoD’s financial readiness and TAP mandates by embedding credentialed financial, housing, and VA loan counseling across all 12 servicemember touchpoints.

Notes:

• ≈ 69% of clearance revocations linked to financial issues.
• A FY2026 NDAA Top Priority - Delivering lasting financial stability for active-duty and transitioning members.

Amends Title 38 to recognize the VA home loan as a claims-based benefit under 38 C.F.R. § 3.1(p) and authorize HUD-approved VSOs as VA Loan Custodians, providing veterans accredited representation, case management, homebuyer education, buyer-broker guidance, foreclosure prevention, and oversight of housing bias or fair-housing violations.

Amends Section 106 of the Housing and Urban Development Act to designate veterans, servicemembers, and surviving spouses as a covered population and authorize a HUD-Approved VSO intermediary to deliver culturally competent housing, financial, and VA loan counseling nationwide. The bill closes a critical service gap and aligns financial and housing stability with DoD, TAP, and VA objectives.