Real Scams That You Should Stay Far Away From

Mortgage Closing Scams

7. Mortgage Closing Scams

These types of mortgage scams aim at homeowners that are nearing the closing dates of their loans.

When it comes to closing their mortgage, homeowners will meet with various legal representatives and pay the final balance, close the account, and get the keys to their hard-earned home.

In this type of scam, the scammer will pose as a real estate agent and will convince them to not close their account. When they are doing this, all they will need to do is ask for an email or phone number, which will then allow them access to the account.

Advertisement - Scroll To Continue

Loading...