3 Thoughts on Penalty for home mortgage loan false application in Caliornia?
  1. Reply
    Heaven L
    February 7, 2014 at 9:37 am

    Probably a huge fine or jailtime or BOTH.

  2. Reply
    February 7, 2014 at 9:42 am

    They could foreclose, and/or press criminal charges. BTW it is a FEDERAL offense.

  3. Reply
    frankie b
    February 7, 2014 at 10:32 am

    Well best case is they call the loan in full, and don’t press charges. You shouldn’t lie, it will always catch up to you. i would prepare to find and alternate source of funding because they are going to take the house back.

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