DCUC Advances Support for VA Home Loans, Credit Union Support to Veterans

WASHINGTON, DC – The Defense Credit Union Council (DCUC) has submitted an official Statement for the Record to the Senate Appropriations Subcommittee on Military Construction, Veterans Affairs, and Related Agencies during its review of the President’s Fiscal Year 2027 budget request for the Department of Veterans Affairs. ​

In its statement, DCUC called on lawmakers to fully protect and strengthen VA home loan and Loan Guaranty programs that help veterans purchase, keep, and sustain homeownership. 

“Veterans have earned access to reliable pathways to homeownership, and Congress must ensure the VA home loan program has the resources and tools to deliver on that promise,” says Anthony Hernandez, DCUC President/CEO, Ret. USAF Colonel. “Strong funding for these programs means more veterans can buy homes, avoid foreclosure, and build long-term financial stability.” 

Representing more than 200 defense credit unions serving over 40 million members worldwide, DCUC shared how these institutions work directly with servicemembers, veterans, military families, caregivers, and survivors, providing mortgage lending, financial counseling, and direct access to VA benefits. 

DCUC’s recommendations to the Subcommittee include: 

• Supporting no less than the FY2027 request for the VA Housing Credit Program Account. 
• Preserving strong loss-mitigation and foreclosure-prevention resources within Loan Guaranty administration. 
• Reducing operational barriers in the home loan process, including appraisal delays and borrower competitiveness challenges. 
• Supporting the FY2027 request for the Native American Direct Loan (NADL) program. 
• Expanding direct deposit access and partnerships with veteran-serving credit unions through the Veterans Benefits Banking Program (VBBP).

DCUC also encouraged the VA to explore additional opportunities for credit unions to serve veterans within VA facilities, where appropriate, to improve benefit delivery, financial education, and housing readiness. 

“Credit unions see firsthand how financial access and housing security go hand in hand,” adds Jason Stverak, DCUC Chief Advocacy Officer. “When veterans can safely receive benefits, access trusted guidance, and secure affordable financing, they are better positioned to thrive.”