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Moe Bedard · 12-19-2007, 03:24 PM

Yes, this may work against you and is very common. You now contributed to the fraud by signing a fraudulent document and it will be their word against yours.

This happen all the time because the loan signing is going by so fast and they just push these documents in front of you.

Can you prove you sent in your financial and maybe that you would have qualified with just your financial? They must have over stated your income so your debt to income ratios come in.

12-19-2007, 03:24 PM	#2 (permalink)
Moe Bedard Founder Join Date: Aug 2007 Location: Southern California Posts: 17,539 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Overstated income Yes, this may work against you and is very common. You now contributed to the fraud by signing a fraudulent document and it will be their word against yours. This happen all the time because the loan signing is going by so fast and they just push these documents in front of you. Can you prove you sent in your financial and maybe that you would have qualified with just your financial? They must have over stated your income so your debt to income ratios come in. __________________ Moe Bedard Founder LoanSafe.org "America's #1 Loan & Debt Forum" LoanWorkout.org "America's #1 Loan Modification Blog" MoeBedard.com "My Work From Home Blog" Get My FREE Loan Modification E-Book \| Please donate to LoanSafe.org The comments by me and the materials available at this web site are for informational purposes only and not for the purpose of providing legal advice. Most of the information you find here is easily available on the internet. You should contact your attorney to obtain advice with respect to any particular issue or problem. The opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney. Please Read our Privacy Policy and Legal Disclaimer Here.