VA owes disabled veterans refunds on home loan fees, report says

VA Owes Disabled Veterans Refunds on Home Loan Fees, Report Says. agreed to identify the exempt veterans who paid the fee and issue them refunds. The VBA noted that the financial impact to the veterans was minimal over the life of the loan, the inspector general report says.

You pay for the VA mortgage guaranty upfront with a funding fee, which you can.. many states offer full or partial exemption from property taxes for disabled vets.. These include mortgage credit certificates (MCCs), which refund part of the.. If you owe $331,685, and you decide to sell your home five years from now,

Report: VA owes refunds on loan fees to disabled vets By Colby Itkowitz WASHINGTON POST WASHINGTON – The federal government owes at least $189 million to 53,000 disabled veterans who overpaid ontheir home loans, according to the Department of Veterans affairs’ inspector general.

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The federal government owes at least $189 million to 53,000 disabled veterans who overpaid on their home loans, according to the Department of Veterans Affairs’ inspector general. When veterans take out a mortgage, they pay a funding fee to the lender that usually costs several thousand dollars.

The Department of Veterans Affairs owes about $189 million to 53,000 disabled veterans who were charged home loan fees they were exempt from having to pay, an investigation has found.

Thousands of veterans are owed refunds, the IG says.. problem that resulted in erroneous funding fee charges, the report found.. General Finds VA Overcharged Disabled Vets on Home Loans;

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VA owes disabled veterans refunds on home loan fees, report says The Washington Post. The federal government owes at least $189 million to 53000 disabled veterans who overpaid on their home loans, the department’s inspector general found.

More than 53,000 disabled veterans may be owed refunds totaling about $189 million in home loan fees they were incorrectly charged by the Department of Veterans Affairs, according to estimates.

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WASHINGTON – The federal government owes at least $189 million to 53,000 disabled veterans who overpaid on their home loans, according to the Department of Veterans Affairs’ inspector general.