How a Forensic Mortgage Audit Helps You

Many American homeowners are facing losing their homes due to economic factors beyond their control, or life circumstances which pull them into a financial vortex that is impossible for them to solve alone. Worse yet, it is reported that up to 85% of home loans have errors which entitle the home owner to receive a monetary reward from the lender, and rarely any of them know about it. The problem is how to get the loan companies to pay you what you are due.

What good would a forensic mortgage audit do for you?

With much of the mortgage industry lacking any quality control whatsoever, an extremely high percentage of loans have procedural flaws in them, or violated the customers right to disclosure and inquiry in some way or another. What this means for you is that when you get your mortgage audited, you will find out just how your mortgage company exploited your lack of knowledge regarding the mortgage and how they may have violated your rights doing so.

Who can benefit from a forensic mortgage audit?

Anyone who is seeking a mortgage modification will benefit from a forensic mortgage audit because they will have a much higher likelihood of receiving their mortgage modification they have requested once the errors the mortgage company made in completing the loan are revealed. The lender would much rather grant the modification than confront the wrong they have done with the loan.

Finally, a second group of people who will benefit from the audit is anyone who is losing their home. Most of these people have the money to pay for the audit, even though it is guaranteed free if it does not reveal any wrong doing, by taking the money they would normally pay on their home and allocating that for the audit. They stand to benefit by receiving money back for the wrong doing by the lender. Most homeowners are unaware that they are due the money and the lender will not tell them, that is for sure!

The author enjoys writing articles about forensic mortgage audits and how to prevent foreclosure. Click on the links above to learn more about these topics!