07/28/2026
Please make your voice heard by your local politicians. There are other viable options they need to hear.
Veterans do so much to keep us safe and protect our freedoms, we need to protect them! ๐บ๐ธ๐บ๐ธ๐บ๐ธ
Congress is considering a bill that would nearly triple a fee veterans pay to refinance their homes, and NAMB needs your help to stop it.
H.R. 9237 includes real, deserved benefits for combat injured veterans. But it pays for those benefits by raising the IRRRL funding fee from 0.5% to 1.42%, doubling the VA assumption fee, and making both increases permanent. That adds up to an estimated $3,780 in extra costs for the average veteran borrower, and it could push many veterans outside the VA's own 36 month recoupment window, disqualifying them from refinancing altogether.
Veterans should not have to pay more so that other veterans get the care they deserve
We and NAMB support a Better Path:
the Major Richard Star Act, a bipartisan bill that delivers the same benefits without shifting costs onto other veteran borrowers.
Now we need you.
Take two minutes to contact your representative and ask them to oppose Section 104 of H.R. 9237.
Volunteer led & member driven, NAMBยฎ (National Association of Mortgage Brokers) has been the voice of the mortgage industry since 1973.