Mortgage audit is a comprehensive review of a homeowners loan documents. Commonly known as the loan docs. Mortgage Audit consists of
going through the loan documents and checking for errors pertaining to the loan such as annual percentage rate check, interest rate tests, payment
analyzation, checking proper dates, checking fees for legality, and more. By conducting a mortgage audit and uncovering these violations may give the homeowner
a change to fight the foreclosure in court depending on the situation. Showing the lender/bank that they are indeed in violation by giving such illegal loans to the consumer.
Mortgage Audit is the next trend in consumer foreclosure prevention. Click below for more information.
