5.3.9 Signs of fraud
- 5.3.1 Where to get a mortgage
- 5.3.2 Getting the best deal
- 5.3.3 Video: Negotiating your mortgage
- 5.3.4 Mortgage rights and responsibilities
- 5.3.5 Renewing and renegotiating your mortgage
- 5.3.6 Borrowing on home equity
- 5.3.7 Should you put debt on a mortgage?
- 5.3.8 Mortgage fraud
- 5.3.9 Signs of fraud
- 5.3.10 Protect yourself
- 5.3.11 Summary of key messages
Be suspicious when:
- You don't receive normal mail notices from your mortgage lender, utilities or tax department.
- Someone tries to prevent you from reading through a written agreement, or asks you to sign incomplete or blank applications.
- Someone you don't know contacts you to help with mortgage problems.
- A real estate professional cannot provide suitable references.
- Someone encourages you to include false information on your mortgage application. Providing false information to obtain a mortgage loan is illegal.
- Someone encourages you to apply for a mortgage amount that is significantly higher than the property value or price on the offer to purchase.
- Someone tells you not to check with your own lawyer or real estate professional for legal advice.
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