Category: Mortgage Fraud

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PHISHING

  Phishing seems to be a trend today.  We receive many emails which appear to be related to our clients or transactions we have in process.  But, unless we recognize the sender, we do not open them. Phishing is defined by the Oxford Language Dictionary as “the fraudulent practice of sending emails or other messages...

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WHAT CAN YOU DO TO PREVENT BEING SCAMMED?

  What can homebuyers do to prevent being scammed? Phishing scams continue to be on the rise. Especially during the loan closing process.   How do scammers get your information? There are several ways to secure your information and negate the possibility for scammers to steal your closing & down payments. Check out this video from...

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WHAT IS MORTGAGE FRAUD?

When you are purchasing an investment property, apply for an investment property loan. Do not purchase an investment property and apply for a second home loan for the sole purpose of getting a lower interest rate. To do this would be mortgage fraud.   Here are a few examples of how this can affect you:...