By Sahar Mourad For Daily Mail Australia
Published: 00:00 GMT, 22 February 2020 | Updated: 02:22 GMT, 22 February 2020
An elderly couple fear they could lose their home of 30 years after being told they have to immediately pay $280,000 to Westpac.
Melbourne couple Miriam, 70, and Michael Wright, 72, who are both illiterate, claim a loan application with Westpac in 2009 was filled out on their behalf by a 'loan introducer' and not by them.
They said the mortgage application over their home - now worth $800,000 - for $280,000 was a fraud, and claimed Westpac failed to check the application properly, news.com.au reported.
Miriam, 70, and Michael Wright, 72, were shocked to find that their mortgage they were paying off for the last 10 years was based on a complete 'fraud' (stock)
Miriam's name was spelled incorrectly in the application and the couple have claimed the reason given in the document for the loan was also wrong.
The application also claimed Mr Wright was making $92,000 a year working as an investment relations executive when in reality he has been on a pension since 1995, and worked as a labourer before that.
The mortgage application stated the money was going to be used for home