Who can you Trust to Help with your Mortgage?
Trust yourself. Trust yourself to make an educated decision by doing research on every option available to you and your family. The national news reports daily on how big banks took advantage of homeowners and foreclosure rescue scams sweeping across the nation. You are the only person that is going to defend you and your family against mortgage scams. So what do you look for and where do you go to report scams?
Here are some tips on how to spot a mortgage scam
1. Beware of mortgage lenders or brokers with multiple complaints with the Better Business Bureau.
2. Don't sign any papers or contracts that you do not understand. If you are not working with an attorney you may want to have your
attorney review all documents.
3. Ask your friends and family. Many times people you know have heard good or bad things about the option you are considering.
4. Never sign your deed over to anyone claiming to save your home.
5. Don't ever send your mortgage payment to anyone other than your lender. This is a big red flag and usually a scam.
To report mortgage fraud contact the office below. We are not affiliated with the agency below, this is for information purposes only.
The Federal Trade Commission (FTC)
http://www.ftc.gov/ and www.consumer.gov/idtheft and
To file complaint
Consumer Response Center
600 Pennsylvania Avenue, N.W.
Washington DC 20580
Toll Free Phone: (877) 438-4338 – Identity Theft Clearinghouse
Consumer Response Center: (877) 382-4357