H.R. 6125

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 6125 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 6125 To require the Secretary of Housing and Urban Development to discount FHA single-family mortgage insurance premium payments for first-time homebuyers who complete a financial literacy housing counseling program. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES November 19, 2025 Mrs. Beatty (for herself, Mr. Carey, Ms. Adams, Mr. Bishop, Mr. Carson, Mr. Case, Ms. Clarke of New York, Mr. Cleaver, Mr. Cohen, Ms. Craig, Mr. Davis of North Carolina, Mr. Evans of Pennsylvania, Mr. Fields, Mrs. Hayes, Mr. Johnson of Georgia, Ms. Johnson of Texas, Ms. Kelly of Illinois, Mr. Krishnamoorthi, Mr. Mannion, Ms. McBride, Mr. Meeks, Ms. Moore of Wisconsin, Mr. Mullin, Ms. Norton, Mr. David Scott of Georgia, Mr. Smith of Washington, Mr. Thanedar, Mr. Thompson of Mississippi, and Ms. Tokuda) introduced the following bill; which was referred to the Committee on Financial Services _______________________________________________________________________ A BILL To require the Secretary of Housing and Urban Development to discount FHA single-family mortgage insurance premium payments for first-time homebuyers who complete a financial literacy housing counseling program. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Housing Financial Literacy Act of 2025''. SEC. 2. DISCOUNT ON MORTGAGE INSURANCE PREMIUM PAYMENTS FOR FIRST-TIME HOMEBUYERS WHO COMPLETE FINANCIAL LITERACY HOUSING COUNSELING PROGRAMS. The second sentence of subparagraph (A) of section 203(c)(2) of the National Housing Act (12 U.S.C. 1709(c)(2)(A)) is amended-- (1) by inserting before the comma the following: ``and such program is completed before the mortgagor has signed an application for a mortgage to be insured under this title or a sales agreement''; and (2) by striking ``not exceed 2.75 percent of the amount of the original insured principal obligation of the mortgage'' and inserting ``be 25 basis points lower than the premium payment amount established by the Secretary under the first sentence of this subparagraph''. <all>