President Donald Trump signed legislation that gives military veterans extra protections if they’re behind on their mortgage repayments.
Trump signed the VA Home Loan Program Reform Act on Wednesday, giving the Department of Veterans Affairs the ability to prevent veterans from losing their homes to foreclosure.
The bill was sponsored by Reps. Derrick Van Orden (R-WI) and Mike Bost (R-IL), both of whom are military veterans, Breitbart reported.
There are numerous government programs dedicated to assisting illegal immigrants and giving aid to foreign nations.
This time, Orden, a retired Navy SEAL with combat experience, and Bost, an ex-Marine, have crafted legislation that will take care of America’s veterans.
The lawmakers stood by Trump as he signed the bill into law.
“It’s a very important bill,” Trump said, holding up the document he just signed in a clip shared to X on Wednesday.
President Donald J. Trump officially signs the “VA Home Loan Program Reform Act” into law. pic.twitter.com/IrdRGKqPpl
— Rapid Response 47 (@RapidResponse47) July 30, 2025
The new law will give veterans some flexibility in their mortgages, helping them avoid foreclosure during times of financial difficulties.
The partial claims repayment program allows the VA to buy the delinquent loans and defer the missed payments until the end of the loan, and provide a fixed 2.5% interest rate.
This legislation replaces the Biden-era Veterans Affairs Servicing Purchase program that was created in 2024 and eliminated by the Trump administration in May to make room for a better version.
Under Biden’s version of the program, the VA took on $5.48 billion in debt and saved 17,000 homes from foreclosure.
The new law was passed in the House in May, and the Senate passed its own version this month, which went to the president’s desk for signature.
A joint statement from the House and Senate Committee on Veterans’ Affairs leaders touted the move.
The July 16 statement said:
“This bipartisan and bicameral legislation will assist veterans who are facing financial hardships and provide the VA with a tool to better help veterans stay in their homes and avoid foreclosure.
“The VA Home Loan Program provides one of the best benefits VA has to offer, and has helped veterans and their families build home equity since its inception in 1944.”
A news release from The American Legion also championed the helping hand this would give to veterans.
James LaCoursiere, the national commander of the Patriotic Veterans organization, said:
“This critical legislation represents a profound commitment to safeguarding the financial security and dignity of veteran homeowners, especially during times of hardship.”
This program offers more than just financial assistance; it also provides homelessness prevention.
The New York Post reported in January 2024 that a Department of Housing and Urban Development review found that homelessness among veterans hit a 12-year high after years of trending downward.
The report noted that in just one night in January 2023, some 35,574 homeless veterans were effectively out on the streets.
“One veteran experiencing homelessness is one too many, let alone 35,574.
“We are at a pivotal moment in the national housing and homelessness crises,” Monica Diaz, executive director of the VA Homeless Programs Office, wrote in response to that abysmal statistic.
Jim Whaley, a U.S. Army veteran and the CEO of veteran advocacy group Mission Roll Call, also expressed dismay about this troubling trend.
“We have failed as a nation when we look at numbers like that,” Whaley said.
“We are not doing a good job as a country in making sure that veterans are not homeless.
“We’re not doing a very good job of making sure they’re transitioning to civilian life in a successful manner,” Whaley added.
Trump’s program will at least take foreclosure off the table as one of the many reasons for veteran homelessness.
Trump’s commitment to caring for veterans is admirable, and now he’s putting that philosophy into practical solutions that will help real people.
The nation owes an outstanding debt to the men and women who give up years of their lives defending America’s freedom, and it’s about time that those in Washington, D.C., do something to ensure that’s repaid.
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