Were all loan charges disclosed to you in a clear, conspicuous, and accurate way?
Was each borrower given two copies of a 3-day notice of right to rescind ("notice of right to cancel") that was not completely filled out?
Were you charged high closing costs (points and fees) including Yield Spread Premiums on the mortgage?
Did the terms of the mortgage change to your detriment at the last minute before the closing?
Does your loan contain a prepayment penalty?
Were you asked to sign blank forms?
Did you get copies of "all" loan documents?
If you have an adjustable rate mortgage, are any adjustments inaccurately done?
The Law is on Your Side
The Truth In Lending Act ("TILA") and the Real Estate Settlement Procedures Act ("RESPA"), as well state laws, require that creditors disclose certain terms of the loan to the borrower. When those terms are not disclosed or are inaccurately disclosed, these laws provide severe monetary penalties against these creditors. These laws are meant to help people get out of violation and fraud ridden mortgage contracts.
Attention Realtors
Do you have clients who were put in unaffordable loans?
You can help them and build your business at the same time!
Call us now for more info!
1-800-990-9023
We know how to use these laws to find all violation and fraud
that make up a bad loan.
Did you know?
There are laws on the books that were meant to help people get out of violation and fraud ridden mortgage contracts.
These same laws are in place to protect you, the homeowner, but yet are often completely disregarded.
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