Requires DMVA to provide mortgage loan counseling under certain circumstances.

S 1630 requires New Jersey mortgage lenders to provide veterans applying for GI Bill-backed home loans with a disclosure form confirming they've been offered free counseling. It directly affects veterans seeking housing loans under Chapter 37 of the U.S. Code (GI Bill) in New Jersey. Lenders must include this disclosure with loan applications, and veterans can request the Department of Military and Veterans' Affairs (DMVA) to refer them to the New Jersey Housing and Mortgage Finance Agency (NJHMFA) for counseling. The counseling must review loan terms, provide GI Bill-specific guidance, and include any required federal information. This bill aims to ensure veterans receive tailored financial assistance before finalizing their home loans.