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Inspector General Refunds Disabled Vets $4,483 - $19,470, on VA Home Loans

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Excerpt:

"The VA refunded $97 million to 19,700 affected veterans from Jan. 1, 2012, through Dec. 31, 2017, but 53,200 are still owed refunds, according to Reinkemeyer.

The refund amounts could be substantial: The average funding fee charge was $4,483, with the highest fee topping out at $19,470, according to the report.

The VA OIG recommended that the VBA identify the affected veterans and issue refunds. It also recommended that the VA identify any exempt veterans erroneously charged the fee before 2012 and provide refunds."

Much more in the article here: https://www.military.com/daily-news/2019/06/07/inspector-general-finds-va-overcharged-disabled-vets-home-loans.html

 

Edited by RV_

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