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

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Did you know the Department of Veterans Affairs (VA) offers monthly tax-free disability compensation to Veterans who qualify? Do you have a physical or mental disability? Did your injury or disease.

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to the VA’s database. According to the Consumer Financial Protection Bureau, there are likely tens of thousands of severely disabled veterans who don’t know they qualify. "Simplifying the loan.

VA owes disabled veterans refunds on home loan fees, report says When veterans take out a mortgage, they pay a funding fee to the lender that usually costs several thousand dollars. The fee is waived for veterans who receive disability compensation.

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

You may also be able to roll fees into the loan, allowing for no out-of-pocket costs. Just be sure to do your homework, because terms can vary greatly between lenders. For more information, visit the.

06/07/2019 VA owes disabled veterans refunds on home loan fees, report says . VA owes disabled veterans refunds on home loan fees, report says . 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.

Don’t ask, don’t pay? The Veterans Administration collected home loan fees from disabled veterans for years without informing them that those fees could be refunded. A new Inspector General report calculates that the VA may owe those vets nearly $200 million, that senior management knew it, and that they furthermore never bothered to pay it [.]

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The Department of Veterans Affairs (VA) improperly charged almost 73,000 disabled veterans more than $286 million in home loan fees they didn’t owe, according to a report by the VA Office of the.

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