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S. 762

BillFederalSenateIn Committee
Expanding Access to Lending Options Act
About This Bill
Committee
Latest Action · March 16, 2021
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Congress
117th (2021–2023)
Introduced
March 16, 2021
Cosponsors (3)
3D 0R
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Summary

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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.

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