Mortgage fraud is the intentional misrepresentation of material information on a mortgage loan application by one or more individuals to qualify for a loan. Mortgage fraud is, therefore, different from predatory lending, which is when a dishonest financial institution willfully misleads or deceives the consumer.

There are many types of mortgage fraud schemes, including:

• When a property is purchased as an investment/rental property, but the buyer states on the mortgage application that it will be the primary or secondary residence.
• When the buyer inflates his/her income on the mortgage application.
• When the buyer intentionally omits liabilities on the mortgage application.
• When the property is fraudulently appraised at a higher value than it is worth to obtain a larger mortgage.
• When the buyer obtains multiple mortgages for the same property at the same time.

Mortgage fraud is a serious offense to be charged with, carrying a potential 20-30 year sentence. The crash of the sub-prime market has caused the courts to be stricter, and has resulted in increased penalties for offenders. We can help you fight mortgage fraud charges, and will work to protect your freedom.