A huge number of disabled veterans gets refunds of VA mortgage loan costs

A huge number of disabled veterans gets refunds of VA mortgage loan costs

A lot more than 53,000 disabled veterans can be owed refunds totaling about $189 million in mortgage loan costs these were wrongly charged by the Department of Veterans Affairs, in accordance with quotes through the VA Inspector General in a study released regarding the anniversary that is 75th of.

Auditors stated they found it “troubling” that senior Veterans Benefits Administration officials were mindful in October, 2014 that numerous of exempt veterans had been owed refunds, but didn’t simply just take action that is adequate issue refunds.

Almost 73,000 veterans that are exempt improperly charged a predicted $286 million in money costs because of their VA mortgage loans from 2012 through 2017, auditors predicted. Throughout that duration, VA issued about $97 million in refunds to 19,700 regarding the veterans — making an estimated 53,200 who may nevertheless get refunds. Continue reading A huge number of disabled veterans gets refunds of VA mortgage loan costs