It is important to know some of the major mortgage fraud schemes so you learn what to look out for and how to prevent being scammed. Be in the know and check out these 5 tips on how to avoid mortgage fraud.
Plus, you’re eligible for a Free Mortgage Checkup and savings through your AmeriWallet.* See how you can start saving today with a better home loan.** If you are in the market to buy a home, get a loan pre-approval so you can shop with confidence to get the home of your dreams.
Phishing
Phishing attacks deceive people into giving private data, such as login credentials or credit card information, or installing malware through fraudulent communications pretending to be someone you can trust. Never provide personal or sensitive information over the phone or online to an unsolicited request. Don’t wire funds based on an email request, without verbal confirmation. AmeriHome will never request via email that borrowers wire funds in connection with their transactions.
Reputable Referrals
If you’re looking for a real estate agent, appraiser, or lender, only reach out to trusted institutions or get referrals from a trusted family member or friend. AmeriHome partners with many reputable companies that can help you with anything you need throughout your home-buying, selling, or financing journey.
Review Documents
Make sure you read and review all documents before signing to ensure all the information is correct. Don’t sign anything you don’t understand, aren’t comfortable with, or a document containing blanks. Deceitful or blank documents can leave you vulnerable to fraud.
Use Strong Passwords
Using a strong password such as one with characters, numbers, and a mixture of capital and lowercase letters can reduce the risk of hackers gaining access to your account. Pick a password that’s long, difficult to guess, and one you won’t forget.
Monitor Your Accounts
Check your bank accounts frequently to ensure there aren’t any unusual charges being made on your behalf. If you see an unauthorized payment on your account, notify your financial institution immediately.
Looking for more savings? Let’s upgrade your mortgage and put money back in your wallet with a new Purchase or Refinance Loan.**
6 Money-Saving Tips To Start Today:
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Pay Off Your Loan Sooner Switch to shorter loan terms to save on interest.** |
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Lower Your Monthly Payment Refinance with longer terms, so more money stays in your wallet.** |
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Consolidate Debt Cash-out to reduce high-interest credit card debt. |
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Pay For Larger Expenses Invest in your home with updates that will yield a higher return should you decide to sell in the future. |
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Get Extra Savings After you have financed a home with us once, save up to $750 on all your future refinances and new home purchase loans with your AmeriWallet Benefits.* |
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If you are interested in learning more about how a refinance or new home purchase loan can benefit you, just give us a call at 877.715.9908 or get your instant rate quote here.
Imagine The Possibilities With Your Better Home Loan!
*As a member of the AmeriHome family, borrowers are part of the AmeriWallet Rewards program. If you completed a home loan with us once, you will qualify for a $750 lender credit for all of your future refinances or home purchases done with AmeriHome, for any property you own. To qualify for this offer, you must have previously financed the purchase of a home or refinanced with AmeriHome. You have financed with AmeriHome when AmeriHome Mortgage Company, LLC appears on the previous Promissory Note for your loan, and you are listed as a borrower on the Note. Credits will be applied only if your loan closes with AmeriHome. This offer can not be combined with any other offers and is not applicable for FHA Streamline, or VA IRRRL Refinance transactions. Other restrictions may apply. Terms and conditions are subject to change. AmeriWallet Rewards program is subject to termination without notice.
**By refinancing, your total finance charge could be higher over the life of the loan.
¹Home buyers who utilize Newzip’s agent matching service will receive the cash reward in the form of credit at closing equal to 0.5% of the home sale price. In the event that the cash reward exceeds the concessions limit the customer will receive the reward in the form of a check within 30 days of their closing date. Home sellers who utilize Newzip’s agent matching service will save 1% in the form of a pre-negotiated agent listing fee. Obtaining a mortgage from AmeriHome is not required to utilize the Newzip cash rewards program. The cash rewards program is available in all 50 states for selling and 42 for buying. The following states do not allow cash rewards for home buyers: Alaska, Iowa, Kansas, Mississippi, Missouri, Oklahoma, Oregon, or Tennessee. Realeaux Inc. (dba Newzip) is a licensed real estate brokerage based in Massachusetts, License #423451.
