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

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The VA’s Office of the Inspector General (OIG) released a report showing that $286.4 million in home loan fees were wrongly charged to about 72,900 disabled veterans who, because they are entitled to disability benefits, also are exempt from paying the fees.

Disabled veterans across the county who were owed home loan refunds weren’t always getting them, according to an analysis of funding fees done back in 2014 by employees at the VA’s St. Paul.

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.

VA watchdog report finds veterans are owed refunds for incorrect fees . By. Email . For years, disabled veterans were mistakenly charged fees when taking out home loans and the federal government now. and took no action despite knowing that veterans were owed refunds, the VA Inspector.

Lawmakers are seeking a schedule of repayments to disabled veterans who were erroneously charged by the VA.. More Stories. home loans. VA owes disabled veterans refunds on home loan fees, report says June 6, 2019 3:21 pm home loans. New local nonprofit promotes Veteran Home Ownership.

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.

If you served during the Gulf War, contact your local VA Environmental Health coordinator about getting a Gulf War Registry health exam. Eligible Veterans may qualify for disability compensation and.

The Department of Veterans Affairs charged disabled veterans a fee on their home loans even though they were supposed to be exempt. In 2014, the VA learned that it owed 50,000 veterans $150 million, but it did not try to contact the veterans or fix its policies.

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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.

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.