Purchase and Sale

Keeping up with the changes in Wisconsin mortgage laws can be challenging. Since a mortgage may be one of the largest and most important loans you receive during your lifetime, it is important to know your rights and responsibilities before agreeing to accept a loan. The mortgage attorneys at Nowlan & Mouat LLP have decades of experience in a wide variety of real estate transactions and draw upon their extensive knowledge and experience to ensure that the best interests of our clients are protected in mortgage transactions.

Our mortgage attorneys take a personalized approach their clients, and will review the loan terms with you, advise you on the nature of the loan and assist you in establishing that the transaction is legitimate.  If you are a homeowner who finds themselves in a situation in which you are unable to meet the terms of your mortgage, our attorneys can guide you through your options and may be able to negotiate changes to your mortgage terms and help you avoid the financial damage caused by foreclosure.

In addition to Wisconsin mortgage law, the property law professionals at Nowlan & Mouat LLP are also well-versed in several federal mortgage laws and regulations, including:

  • • The Truth in Lending Act (TLA)
  • • Fair Housing Act (FHA)
  • • Real Estate Settlement Procedure Act (RESPA)
  • • Equal Credit Opportunity Act (ECOA)
  • • Home Mortgage Disclosure Act (HMDA)
  • • Community Reinvestment Act (CRA)
  • • Fair Credit Reporting Act (FCRA)
  • • New Homeowner’s Protection Act (HPA)
  • • Fair Debt Collection Practices Act
  • • The Gramm-Leach-Bliley Act

The vast experience of our lawyers gives them the litigation expertise to successfully resolve any mortgage loan issue, regardless of scope.
Because of the complex legal nature of mortgage loans and exchanges, both mortgagors (borrowers) and mortgagees (lenders) should have legal representation in order to ensure the transaction is completed accurately and successfully. It is important for prospective home buyers to understand that unless you hired them, the attorneys present at closing do not represent you, and are legally required to act in the interests of the lender or the seller. The mortgage attorneys at Nowlan & Mouat LLP are dedicated to making sure that your best interests are represented in the mortgage terms to which you agree, and are present at closing to answer your questions and provide you with peace of mind about the transaction.

Nowlan & Mouat LLP provides services to financial institutions, business owners, homeowner associations, landlords and individuals buying and selling homes throughout Wisconsin. Our lawyers have spent years fostering positive relationships with real estate professionals and local and state governments, allowing our mortgage lawyers to meet the needs of our clients both timely and efficiently.

As many of our lawyers are homeowners themselves, they understand that you want to negotiate and close real estate transactions in a timely and cost-effective manner without unnecessary complications. That is why our firm is committed to providing the optimal results for our clients.

Contact or call (608) 755-8100 today to speak with one of our experienced mortgage attorneys. We will take the time to answer your questions, consider your options and help you conclude your real estate transaction timely and accurately.