Forensic Analysis

When people get a first mortgage they usually rely on the “professional” advice of a mortgage broker or lender.

However, the loan process is very complicated, and mostly everyone places far too much trust in the person who is supposed to be guiding them through the process. Unfortunately, a large majority of these so-called professionals placed millions of unsuspecting borrowers into loans that they could not afford, simply to turn a quick buck (this story is very sad, but all too true).

Mortgage Fraud
There are literally millions of people out there that have mortgages where the Truth in Lending Act was horribly violated, and guess what … this happens to be a good thing! Because they may fall under the predatory lending statue, many of these victims can now stop foreclosure … if only they knew what to look for, who to turn to, and how better to defend themselves!

First Capital’s Forensic Analysis service is very specialized and essential in identifying whether a borrower is a victim of predatory lending or not. We’ll review all your loan documents and perform a thorough investigation for miscalculations, to help us determine whether or not the loan terms are accurate, truthful, and met the requirements of the applicable federal statutes. The goal here is to determine whether there were any violations of federal law or mortgage fraud.

What Happens Next After Mortgage Fraud is found?
If any violations are found, then the borrower may be eligible for complete relief of the predatory loan. This is known as a loan rescission, which means that the lender has to take back the predatory loan and award (or credit) the borrower with all interest made on their payments so far, the original loan fees, all applicable lender’s fees, any penalties and all attorney's fees.

So, if a broker or lender got you into a mess that you can’t climb out of, give us a try … we more than likely can get you out - this is our business and we’re good at what we do!