Top Leawood, KS Mortgage Fraud Lawyers Near You

Mortgage Fraud Lawyers | Overland Park Office | Serving Leawood, KS

7101 College Boulevard, Suite 1200, Overland Park, KS 66210

Mortgage Fraud Lawyers | Overland Park Office | Serving Leawood, KS

10851 Mastin Boulevard, Building 82, Suite 1000, Overland Park, KS 66210

Mortgage Fraud Lawyers | Kansas City Office | Serving Leawood, KS

753 State Avenue, Suite 388, Kansas City, KS 66101

Mortgage Fraud Lawyers | Overland Park Office | Serving Leawood, KS

7500 College Boulevard, Suite 910, Overland Park, KS 66210

Mortgage Fraud Lawyers | Shawnee Office | Serving Leawood, KS

11658 W 75th St, Shawnee, KS 66214

Mortgage Fraud Lawyers | Leawood Office

5250 W. 116th Place, Suite 400, Leawood, KS 66211

Mortgage Fraud Lawyers | Overland Park Office | Serving Leawood, KS

10801 Mastin, Suite 725, Bldg. 84, Overland Park, KS 66210

Mortgage Fraud Lawyers | Prairie Village Office | Serving Leawood, KS

4200 Somerset, Suite 150, Prairie Village, KS 66208

Mortgage Fraud Lawyers | Overland Park Office | Serving Leawood, KS

7015 College Blvd., Suite 135, Overland Park, KS 66211

Mortgage Fraud Lawyers | Overland Park Office | Serving Leawood, KS

6201 College Boulevard, Suite 500, Overland Park, KS 66211

Mortgage Fraud Lawyers | Overland Park Office | Serving Leawood, KS

6201 College Blvd, Suite 500, Overland Park, KS 66211

Mortgage Fraud Lawyers | Overland Park Office | Serving Leawood, KS

10104 W 105th St, Overland Park, KS 66212

Mortgage Fraud Lawyers | Leawood Office

5251 W 116th Pl, Suite 200, Leawood, KS 66211

Mortgage Fraud Lawyers | Leawood Office

4000 W 114th St, Leawood, KS 66211

Mortgage Fraud Lawyers | Overland Park Office | Serving Leawood, KS

9225 Indian Creek Pkwy #600, 32 Corporate Woods, Overland Park, KS 66210

Mortgage Fraud Lawyers | Overland Park Office | Serving Leawood, KS

10111 West 87th Street, Overland Park, KS 66212

Mortgage Fraud Lawyers | Prairie Village Office | Serving Leawood, KS

4820 W 75th St, Prairie Village, KS 66208

Mortgage Fraud Lawyers | Olathe Office | Serving Leawood, KS

142 N Cherry St, Suite 100, Olathe, KS 66061

Leawood Mortgage Fraud Information

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Lead Counsel Verified Attorneys In Leawood

Lead Counsel independently verifies Mortgage Fraud attorneys in Leawood and checks their standing with Kansas bar associations.

Our Verification Process and Criteria
  • Ample Experience Attorneys must meet stringent qualifications and prove they practice in the area of law they’re verified in.
  • Good Standing Be in good standing with their bar associations and maintain a clean disciplinary record.
  • Annual Review Submit to an annual review to retain their Lead Counsel Verified status.
  • Client Commitment Pledge to follow the highest quality client service and ethical standards.

Find a Mortgage Fraud Attorney near Leawood

The Average Total Federal Prison Sentence for Mortgage Fraud in Kansas

26.85 months*

* based on 2019 Individual Offenders - Federal Court sentencing in Kansas federal courts. See Sentencing Data Information for complete details.

Criminal Mortgage Loan Fraud

Obtaining a mortgage based on false information is a serious crime and falls under federal law, though some states are also enacting state laws against this crime as well. One type of criminal mortgage loan fraud occurs when a person misrepresents or leaves out pertinent information from a mortgage loan application. There are other types of criminal loan mortgage fraud that can lead to jail time and penalties.

How Does Mortgage Fraud Work?

Mortgage fraud is a crime that can be committed by individual borrowers looking to secure a home as well as by financial industry insiders. All fraud is based on misrepresentation of some gravity that has been passed along to a victim — often a bank or credit union, but in some cases a potential home buyer.

The most common form of mortgage fraud, income or asset falsification, takes place when a prospective borrower lies about their financial status (income, debt, previous bankruptcies, etc.) to secure a loan that they would otherwise not be eligible for.

What Are Some Examples of Mortgage Fraud?

In addition to income or asset falsification, there are several other forms of mortgage fraud.

Identity theft can lead to mortgage fraud when a buyer, using stolen identification or related papers (such as a pay stub, etc.), represents themselves as another individual in order to gain approval for a loan that they otherwise may not have qualified for. As two crimes at once, identity theft involving mortgage fraud can lead to serious charges if you are found guilty of the offense.

In terms of mortgage fraud committed by industry professionals, air loans are the most common example. An air loan situation occurs when a group of financial institution insiders collude to produce a fake loan disbursal for a real estate transaction that does not exist. This may involve creating false mailboxes and addresses, doctored or prepared correspondence and other corroborating bits of evidence supplied to a lender in order to secure a loan.

Mortgage fraud is usually broken down into two categories: fraud for profit and fraud for housing.

Who Investigates Mortgage Fraud?

While the FBI typically investigates high-profile mortgage fraud (prioritizing fraud for profit over fraud for housing) via the deployment of financial crimes task forces, other law enforcement agencies may also find themselves involved in investigating white-collar crimes such as mortgage fraud.

What Is the Penalty for Mortgage Fraud?

Mortgage fraud is not specifically an offense at the federal level, but other forms of fraud such as mail fraud, wire fraud and bank fraud allow for a maximum sentence of up to 30 years jail time if you are found guilty of the offense.

Mortgage fraud can also be prosecuted at the state level. Typical punishments range from five to 20 years imprisonment, depending on the sum being fraudulently stolen or misappropriated. In some states, mortgage fraud amounting to less than $100,000 is categorized as a third-degree felony with a maximum sentence of five years imprisonment for those convicted of the crime. If, however, you are convicted of mortgage fraud amounting to over $100,000, you could face a second-degree felony charge with a maximum prison sentence of 15 years.

Monetary fines, damages and restitution are also commonly part of the penalties for committing mortgage loan fraud. In some instances, double or triple damages can be awarded by judges presiding over such cases.

As with all felonies, a conviction in response to charges related to mortgage fraud will likely result in a permanent criminal record if you do not have one already.

Can You Go to Jail for Mortgage Fraud in Kansas?

It is likely that you will serve a jail or prison sentence if you are convicted of charges connected to mortgage fraud. Mortgage fraud and related fraud charges are almost always classified as felonies rather than as misdemeanors.

If you are facing charges related to mortgage fraud, it is important to secure the services of a criminal defense attorney familiar with white-collar crime cases. Not only does retaining legal counsel significantly increase your chances of negotiating a favorable plea bargain (and of mounting a successful defense in court, resulting in an acquittal if the case goes to trial) but an experienced attorney can help you to navigate the charges against you, giving you options as to how best to proceed and hopefully avoid incarceration.

Have You Been Charged With Criminal Mortgage Loan Fraud?

Mortgage loan fraud charges come along with some serious consequences including hefty fines and serious jail time. If you are facing such charges, now is the time to contact a criminal mortgage loan fraud attorney so you can receive the legal advice you need.

When to Hire a Lawyer

It is in your best interest to get legal help early on in addressing your situation. There are times when hiring a lawyer quickly is critical to your case, such as if you are charged with a crime. It may also be in your best interest to have a lawyer review the fine print before signing legal documents. A lawyer can also help you get the compensation you deserve if you’ve suffered a serious injury. For issues where money or property is at stake, having a lawyer guide you through the complexities of the legal system can save you time, hassle, and possibly a lot of grief in the long run.

How to Prepare for Your Initial Consultation

Prepare for your consultation by writing down notes of your understanding of the case, jot down questions and concerns for the attorney, and gather your documents. Remember that you are trying to get a sense of whether the attorney has your trust and can help you address your legal issues. Questions should include how the attorney intends to resolve your issue, how many years he/she has been practicing law and specifically practicing in your area, as well as how many cases similar to yours the attorney has handled. It can also be helpful to broach the subject of fees so that you understand the likely cost and structure of your representation by a specific attorney and/or legal team.

How will an attorney charge me?

A reputable attorney will be very upfront about how he/she will charge you. The three most common fee structures that attorneys use to charge for their services are:

  • Bill by the hour
  • Contingent fee agreement
  • Flat fee agreement

Depending on your specific legal situation, it’s possible that only one type of fee structure is available. For instance, criminal defense attorneys almost always bill by the hour. In a flat fee arrangement, an attorney accepts a one-time payment to help you resolve your issue. With a contingent fee agreement, the client pays little to nothing upfront and the attorney receives a percentage of the money recovered if you win your case.

Common legal terms explained

Personal jurisdiction – Requirement that a particular court have authority over a person, in order to bind that person to the judgment of the court, based on minimum contacts. International Shoe Co v. Washington is a landmark Supreme Court case outlining the scope of a state court’s reach in personal jurisdiction.

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