Mortgage Fraud

Mortgage fraud is a very serious criminal offense, one that is punished harshly in the state of California. At The Justice Firm, our top priority is protecting clients' legal rights and freedom; we work vigorously to help those accused of mortgage fraud avoid serious criminal penalties. More people have been arrested for this white collar crime in recent years due to the disarray of the housing market. While the law vigorously pursues those suspected of loan or mortgage fraud, those arrested or charged are innocent until proven guilty.

When an individual falsifies information on a mortgage loan application and does so intentionally, it is considered mortgage fraud. People may do this in an effort to be approved for a larger loan amount than they would otherwise have been approved for if the information provided had been accurate.

Some examples of mortgage fraud in Los Angeles include:

• Deceptive information provided to banks by real estate developers in an effort to get buyers qualified
• Loan applications containing income information that is inflated so that potential home buyers may get approved
• Real estate agents making a down payment on buyer's property without the bank's knowledge
• Falsified information provided to financial institution by mortgage broker in an effort to secure a better loan for the client
• Forging deeds
• Illegal property "flipping"

The fact is, mortgage fraud may take many forms whether someone fails to disclose his or her liabilities or misstates facts on a loan application. Not only may a potential buyer be involved, but mortgage brokers, real estate agents, and others. Regardless of your situation, we urge you to contact the Los Angeles mortgage fraud attorneys at The Justice Firm now for unsurpassed legal guidance and support.

Obtaining the support of a skilled and experienced mortgage fraud attorney early on is key to a good outcome. Certain issues are decided in the first few hours or days following an arrest, including what charges you will face and how your case will be filed. By contacting a capable defense lawyer immediately, it may be possible to have charges dismissed or at a minimum reduced so that you can avoid the harshest criminal penalties. In general, the longer an individual delays contacting an attorney, the more difficult it is to secure the desired results.

Why is it important to seek legal counsel right away? A dedicated criminal defense lawyer will educate and guide you in regards to your legal options and help you make decisions which could impact your life and future. In devising a solid, effective legal defense, your attorney will investigate your case, examine the evidence and actions taken by law enforcement, question witnesses/police, challenge the evidence, and do all necessary to protect your legal rights and freedom, regardless of whether it requires going to trial.

If you have been accused of mortgage fraud it is vital you contact a qualified Los Angeles mortgage fraud lawyer immediately. The criminal penalties for those convicted are serious, and may include substantial time in jail or prison along with tens of thousands of dollars in fines depending on the facts of your case and whether you are charged with a misdemeanor or felony. At The Justice Firm, we treat your case as if it were our own freedom on the line. Contact us today at 310-914-2444.