Forensic Loan Audit

What’s the best foreclosure defense? It depends on who you ask. You can sell your home for 80% of value to an investor who will flip it for 100% and take your equity, but where does that leave you? Or you can pay a big lump sum payment to get your loan caught up, but will that really make your financial situation better?

When you consider that 83% of all mortgages contain lender violations in them, that makes the best foreclosure defense a loan modification. But to do that and be successful in the long run, you should first seek a loan audit from a competent loan auditor.

A forensic loan audit is a process of looking over your mortgage documents to ensure that your lender complied with all local, state, and federal laws. Even a slight error can sometimes be enough to leverage your position against your lender and force a renegotiation of your loan terms. So if you are facing foreclosure, don’t sell. Get a loan audit and let your attorney do the rest.