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H.R. 3661 107th Congress House

FHA Downpayment Simplification Act

Official title: To amend the National Housing Act to simplify the downpayment requirements for FHA mortgage insurance for single family homebuyers.

Introduced: May 21, 2002 See on congress.gov
Housing and Community Development Economics and Public FinanceFederally-guaranteed loansFinance and Financial SectorMortgage guaranty insurance
More subjectsShow fewer subjects
MortgagesSettlement costsSingle family housing
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This bill died when the 107th Congress ended
It never became law before the 107th Congress (2001–2002) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 11, 2002
Referred to the Subcommittee on Housing and Community Opportunity.
Jan 29, 2002
Referred to the House Committee on Financial Services.
Jan 29, 2002
Introduced in House
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 Latest action February 11, 2002

Referred to the Subcommittee on Housing and Community Opportunity.

 Plain-English summary Congressional Research Service
See summary of: H.R. 858
 Related & companion bills 2
  • HR 858 Identical bill FHA Downpayment Simplification Act
  • S 2239 FHA Downpayment Simplification Act of 2002
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 10
All 10 Democratic 2 Republican 3
LIPINSKI, WILLIAM
· Jun 5, 2002
 D
Larsen, Rick
Washington · May 21, 2002
 D
Sherman, Brad
California · May 21, 2002
CARSON, BRAD
· May 16, 2002
MCINNIS, SCOTT
· May 16, 2002
LAMPSON, NICK
· Mar 19, 2002
 R
Capito, Shelley Moore
West Virginia · Feb 26, 2002
Faleomavaega, Eni
· Feb 26, 2002
 R
Graves, Sam
Missouri · Feb 5, 2002
 R
Wilson, Joe
South Carolina · Feb 5, 2002
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 3661: FHA Downpayment Simplification Act. 107th Congress. Open America. https://openamerica.io/bill/107-HR-3661/
MLA
"H.R. 3661: FHA Downpayment Simplification Act." 107th Congress, 2026, Open America, https://openamerica.io/bill/107-HR-3661/.
Bluebook (legal)
H.R. 3661, 107th Cong. (2026), https://openamerica.io/bill/107-HR-3661/.
Markdown link
[H.R. 3661: FHA Downpayment Simplification Act](https://openamerica.io/bill/107-HR-3661/)
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