Mortgage Fraud: Everything You Need To Know

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Mortgage Fraud Everything You Need To Know

• Introduction

• Buying a home comes with its challenges.
• There is so much money, time, effort, and emotion
  involved.
• As the top mortgage lenders in Massachusetts, we
  strive to keep our customers informed on real
  estate best practices and risks.
• If you are looking for a home mortgage, you must
  know about Mortgage Fraud.
• Let's understand it in detail.

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What is Mortgage Fraud?

• Buying a home comes with its challenges.
• There is so much money, time, effort, and emotion
  involved.
• As the top mortgage lenders in Massachusetts, we
  strive to keep our customers informed on real
  estate best practices and risks.
• If you are looking for a home mortgage, you must
  know about Mortgage Fraud.
• Let's understand it in detail.

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Types of Mortgage Fraud
1. Property Flipping 2. Asset Rental 3. Equity
Skimming 4. Foreclosure Scams 5. Inflated
Appraisal
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Tips to avoid Mortgage Fraud

• Check the references of people involved in the
  mortgage process.
• Read all of the terms and conditions of the final
  mortgage loan papers/agreements.
• Before the purchase, verify its history, and
  ownership.
• Hire a trustworthy attorney to check all your
  important mortgage and property documents.
• They are well-versed in these documents and
  procedures.

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Conclusion

• At Drew Mortgage Associates, mortgage lenders in
  Massachusetts, we are completely transparent in
  our mortgage processes.
• You can trust us with your money and property.
• Get in touch with us to get started with your
  mortgage process today!