Veteran's Mortgage

[cjevans]

I know someone who is using his father's name (who is a veteran) for a Veteran's Home Mortgage...Isn't this illegal? I would like to turn him in. Annonymously of course...What do you think??? Plus the veteran died last year!!

[Pete53]

I would call the VA Inspector Generals Office.

[cjevans]

Thanks Pete :o ..

[Philip Rogers]

Do you know or do you suspect??? Have you "seen" the actual paperwork?? The VA should know the vet is deceased and therefore would be unlikely to guaranty a VA mortgage. Besides, it would also be the bank or mortgage company's responsibility to confirm what is being stated, on the application. Why anonymously?? Just curious but why you aren't willing to back your turning him in? Sounds to me like you don't have any facts to back up your suspicions. Just what we need . . . volunteer mortgage police. Personally, unless you are willing to back your accusation, w/your name, I think you should stay out of it. But that's just me. jmho

pr

I know someone who is using his father's name (who is a veteran) for a Veteran's Home Mortgage...Isn't this illegal? I would like to turn him in. Annonymously of course...What do you think??? Plus the veteran died last year!!

[Berta]

Good advise Philip-

years ago an angry ex wife joined hadit and emailed me that her husband was getting 100% SC and also was working full time-she wanted me to report the vet to the Inspector General-

yeah right-

No one should jump to conclusions on this stuff.

I dont see how any one could get away with obtaining a false VA mortgage guarantee-

cjevans I know you mean well.

I had a wannabee widow I had to report to the VA- I had hard copy documented evidence to back that up.She was trying to draw me into a DIC scam.

There are people out there who will try anything they can.It takes hard evidence to report them.

[BMCS00]

You don't say how old the loan is, or if it was taken out before the veteran died. The loan could have been taken out in the veterans name, for the benefit of the son. Once a loan is made, the lender is never heard from unless payments are missed, or they are trying to sell you something else. I am a licensed real estate broker, and have been to a lot of closings over the years. Every closing requires the buyer(s) and seller(s) to provide photo identification, which is a federal requirement.

I would be certain of the situation before calling anybody.

--Jim

Life is good! :o

Edited November 16, 2009 by BMCS00

[Teac]

It also could be that the son assumed the fathers mortgage. Depending on the age of the mortgage he may not have needed to get a release from the va before assuming the mortgage. I doubt that you know all the facts. I have used my va loan benefit 5 times and every time I had to prove who I was, not just with credit reports and Id cards but with my address and personal references, I dare say no one is going to get a va loan ( or that matter any mortgage) by scam.

I wonder ever see a person park in a handicapp parking place, and then see them get out of the car and walk into a business. The first thing that comes to mind is that a$$ can walk he isn't disabled. Bet you want to call the cops! Go ahead call them.. and when the cops get there to give that guy a ticket as he is getting into his car... he pulls up his pants legs and guess what he has no legs, just a couple of sticks. Bet you feel real stupid now... Moral of the story.... MIND YOUR OWN BUSINESS UNLESS YOU HAVE FIRST HAND KNOWLEDGE THAT THIS PERSON IS NOT ENTITLED TO A VA MORTGAGE. Of course this is just my humble opinion, but I really detest people that stick there nose where it is not invited.