Beware promises of “easy money” in...

In fraud prevention, there’s a general rule of thumb: if sounds too good to be true, it usually is. This is particularly true when it comes to mortgages and promises of “easy money” in real estate. Beware of “No Money Down” deals or offers from others to provide a portion of the down payment. – CMHC Just like those who are misrepresenting information in order to purchase a property are committing mortgage fraud, mortgage lenders are committing fraud if they misrepresent information or intentionally try to scam a consumer. Those who commit mortgage fraud can be held criminally responsible for their actions. You can prevent…