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Derrick Van Orden: “It was $292,000 and it's actually $321,000.”

Featuring: Derrick Van Orden, Republican | U.S. House, Wisconsin, District 3

Rep. Derrick Van Orden Chairs Veterans Affairs Economic Opportunity Subcommittee Legislative Hearing

Published March 11, 2025 | Video Starts at 06:45

So our average loan amount is around 320, right? That's not what I asked you. I asked you what was the original estimate. It was $292,000 and it's actually $321,000. It doesn't seem like a lot of money, but when you, when you, you run that by 17,000 cases, it turns out to be a lot of money. (06:45–06:52)

CLAIM

Claims the original estimate per VA loan was $292,000, but it is actually $321,000.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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Derrick Van Orden

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“If the Biden version of VASP was allowed to continue, I fear that the home loan will not exist in the future for my fellow veterans.”
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“This program would bring VA Home Loan the VA Home Loan program on par with other programs such as FHA, Fannie Mae and Freddie Mac.”
Rep. Derrick Van Orden Chairs Veterans Affairs Economic Opportunity Subcommittee Legislative Hearing | Uploaded March 11, 2025 | 02:16-02:25
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“Everyone can clearly identify, including the Supreme Court of the United States, which who said that President Biden did not have the legal…”
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“I also understand that something is broken.”
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