Expanding Access to Lending Options Act

United States118th CongressHR-6933House of Representatives
Updated: Jan 11, 2024

Summary

Expanding Access to Lending Options Act This bill allows the National Credit Union Administration Board to increase the federal credit union loan maturity cap from 15 to 20 years. It also removes as a requirement for a mortgage from a credit union that a property must be a credit union member's principal residence.

Bill texts

Available versions
Introduced (House)View official text

1 version available

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Timeline

  1. Referred to the House Committee on Financial Services.

    House of Representatives

  2. Introduced in House

  3. Sponsor introductory remarks on measure. (CR H67-68)

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