It’s Your Money, You Should Keep It

Because every loan is susceptible to errors and even fraud, it is crucial for all borrowers to be aware of the fees they are being charged. While many fees are not illegal, all lenders are required to comply with strict disclosure laws. If you believe you may have been a victim of an unscrupulous lender, our trained mortgage auditors can review your mortgage documents for fraud and billing errors.

Why Should You Have Your Mortgage Audited?

• If you have an Adjustable Rate Mortgage (ARM) and the rates have changed, you may be due a refund.
• If your mortgage loan has been sold to a new loan service the lender is required to notify you at least 15 days prior to transferring your loan. You are legally entitled to a 60-day grace period in which you can NOT be penalized for making payments to the original lender. And, the new lender may NOT report payments made to the original lender as a late payment to any of the credit bureaus during the grace period.
• Borrowers with a subprime mortgage loan face the highest risk of mortgage broker fraud.
• If you are behind on paying property taxes some lenders may target you to force you into foreclosure or bankruptcy.
• Because unscrupulous practices are prolific today, many leading financial experts recommend mortgage audits.

Begin Your Audit Today