My broker or lender told me I could get a better mortgage if I added certain untruthful information to my loan application. What should I do?
- Listed: August 13, 2022 2:29 pm
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My broker or lender told me I could get a better mortgage if I added certain untruthful information to my loan application. What should I do?
Do not submit information that you know is not true on your loan application and do not use a lender or broker who suggests you do so.
There can be legal consequences for doing so.
If you have already listed untruthful information on your loan application, you may also want to consult an attorney. If you need help finding an attorney, you can view this list of legal aid services in your state, or you can find lawyer referrals in your county and state by visiting the American Bar Association website .
If a lender or broker advises you to do this, file a complaint with the CFPB online or by calling (855) 411-CFPB (2372).
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