Congressman James Moylan and Representative Mike Levin have reintroduced the Veterans Assistance for Loan Origination Relief (VALOR) Act. The bipartisan bill aims to prevent disabled veterans from being charged VA home loan funding fees when delays in the disability rating process occur.
Currently, veterans who file their disability claims or intent to file on time may still be required to pay these fees if their disability rating is not processed before they purchase a home. Once the rating is approved, these veterans often face difficulties getting reimbursed. The VALOR Act would require the Department of Veterans Affairs (VA) to automatically treat such payments as overpayments and issue refunds, transferring responsibility from the veteran to the agency.
Housing prices in Guam are among the highest in the nation, making it difficult for many veterans to afford homes. Adding VA funding fees increases this burden and limits options for families with tight budgets. The proposed legislation seeks to reduce these financial barriers by ensuring that eligible veterans receive timely refunds.
“I’ve heard personally from veterans who were proud to finally be in a position to buy a home, only to learn later that they’d been charged a fee they never should have owed. It’s frustrating, and it’s unnecessary,” said Congressman Moylan. “These are men and women who served our country, followed the process, and still ended up paying more because their disability rating came through after the fact. That’s a gap in the system, and it’s one we can fix. I’m proud to co-lead the VALOR Act with Congressman Mike Levin to ensure that our veterans aren’t penalized for administrative delays and that their benefits reflect the service they’ve given.”
Moylan stated he will continue working with lawmakers from both parties to move forward with this legislation and provide relief for veterans and those transitioning out of military service.
