US HB2723

Increases the maximum guaranty entitlement for "covered veterans" (those with existing VA loan obligations) to 50% of the Freddie Mac conforming loan limit for loans closed before April 7, 2031, and 25% thereafter

Establishes a tiered guaranty structure based on loan amount, veteran status, and closing date, with maximum guarantees ranging from 50% of the loan to 25% of the Freddie Mac conforming loan limit

Creates special rules for joint VA loans where two or more veterans combine entitlement, with an exception for married veterans who are the sole obligors on the loan

Imposes a civil penalty of up to $23,607 on veterans who knowingly make false certifications regarding their loan eligibility or entitlement status

Extends VA loan fee authority from April 7, 2023 to April 7, 2031, with all amendments taking effect 180 days after enactment