What to look out for in mortgage fraud

Law

2 answers:

ehidna [41]3 years ago

7 0

Answer:

Explanation:

Income Fraud Where the borrower overstates their income, e.g. to secure a higher mortgage loan offer. A solicitor who knows their client does not have a job or knows they has serious mortgage arrears on another property should be on the look out for possible mortgage fraud.

Verdich [7]3 years ago

7 0

First, check out the loan company on your local BBB website. Then do a quick online search and look up customer reviews. Finally, check with your state's attorney general to make sure that the lender is registered with the proper state government agencies

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