1. Amount of loan guaranteed under home loan program of department of veterans affairs
Adjustment of loan limit— Section 3703(a)(1) of title 38, United States Code, is amended—
in subparagraph (A)(i)(IV)—
by striking “the lesser of”; and
by striking “or 25 percent of the loan”; and
in subparagraph (C), by striking “Freddie Mac” and all that follows through the period and inserting “amount of the loan.”.
Effective date— The amendments made by this section shall apply with respect to a loan guaranteed under section 3710 of title 38, United States Code, on or after the date that is 30 days after the date of the enactment of this Act.