Have you been charged with mortgage fraud in Dallas, TX? A Dallas mortgage fraud defense attorney with Chris Lewis & Associates, P.C. can defend you against a conviction of this serious offense.
Purposely falsifying information on a mortgage application is known as mortgage fraud. The act of misrepresenting a borrower’s ability to pay on a loan is done for a variety of reasons, but generally is done for financial or other gain. Both the lender and the borrower can engage in mortgage fraud, and prosecutors are likely to go after those engaging in this criminal behavior.
In 2007, there was even a Residential Mortgage Fraud Task Force created to combat mortgage fraud in Texas. Although the task force was dissolved in 2017, Texas still takes a firm stance on mortgage fraud.
If you’ve been charged with mortgage fraud, you could be looking at serious legal and negative life consequences. You could be facing jail or prison time, heavy fines, and many other issues. Your life could be turned upside down by a conviction of mortgage fraud. It’s important you contact a Dallas mortgage fraud defense lawyer right away.
There are many different ways a person can engage in mortgage fraud. Here are some examples of fraudulent behavior below:
If you’re being investigated for mortgage fraud, your Dallas mortgage fraud criminal defense attorney at our firm may be able to help. Sometimes, mistakes are made on mortgage loan documents that aren’t intentional. Your attorney may be able to help you avoid conviction of mortgage fraud or get your charge reduced to a lesser offense.
If you commit mortgage fraud, you could be prosecuted in Texas. You can be charged with a felony fraud charge depending on the seriousness of the crime. If convicted of mortgage fraud, you could face between two and ninety-nine years in prison and a fine of up to $10,000.
In addition to these serious legal consequences, you could be dealing with a conviction on your record for life. This conviction could prevent you from getting certain types of jobs, from qualifying for certain government programs, and you could suffer from social stigma, as well. A Dallas mortgage fraud criminal defense lawyer can help you combat these charges.
If you believe that you’re being investigated for mortgage fraud, it’s important that you confer with an attorney right away. You probably shouldn’t speak to anyone about the supposed fraudulent behavior, especially not over the phone. Phone conversations can be recorded and used against you later, as can statements you make to the police.
Get in contact with a Dallas mortgage fraud defense lawyer to learn about your defense options. Chris Lewis & Associates, P.C. can be reached via the internet submission form at the bottom of this page, or you can call our office at 214-984-3113.