#1800394 - 04/02/13 02:33 PM
Re: VOE Done AFTER Closing - Unemployed
Anonymous
|
10K Club
Joined: Jul 2001
Posts: 83,364
Galveston, TX
|
In Texas, each borrower has to sign a "Notice of Penalties for Making False or Misleading Written Statement".
WARNING:
Intentionally or knowingly making a materially false or misleading statement to obtain property or credit, including a mortgage loan, is a violation of Section 32.32, of the Texas Penal Code, and, depending on the amount of the loan or value of the property, is punishable by imprisonment for a term of 2 years to 99 years and a fine not to exceed $10,000.00.
I/we, the undersigned home loan applicant(s), represent that I/we have received, read, and understand this notice of penalties for making a materially false or misleading written statement to obtain a home loan.
I/we represent that all statements and representations contained in my/our written home loan application, including statements or representations regarding my/our identity, employment, annual income, and intent to occupy the residential real property secured by the home loan, are true and correct as of the date of loan closing.
_________________________
The opinions expressed here should not be construed to be those of my employer: PPDocs.com
|
Return to Top
|
Reply
Quote
Quick Reply
Quick Quote
|
|
|
|
|