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Keeping Your Personal Information Safe!

Monday, September 20, 2004 @ 10:55 AM EDT Printer Friendly Page  Printer Friendly Page
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Contributed by: Inactive Account

Inactive Account Properties

Read more archived articles about Credit and Finance

Most of us know that buy shopping around we can find a good deal. As investors we shop around for mortgages. If you have been in need of a hard to find loan then you know how hard it can be to find a lender outside of the box.

I see a lot of post from people on real estate investing websites claiming that they can fund all kinds of crazy deals. Some of it is simply new loan officers who do not know any better. Some is from loan officers that hope you will be able to come up with more of a down payment before closing. Not honest but not criminal. But some of the posters have no intention of getting you a loan. They are after you personal information.

They will email you al kinds of great info about what they can do then they will email you
 
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a loan application or a 1003. This one is on the Fannie Mae website. Go look at it is an identity thief’s dream.

Before you fill one of these out and send it to someone be sure that you know who your dealing with.

So next time you see “100% Investor Financing, Credit Scores not a issue.” Ask yourself if it sounds to good to be true before you give up a lot of personal info.



Word Cloud:
deals. href=http://www.efanniemae.com/singlefamily/pdf/1003_revised_i.pdf> information. will around able crazy shopping fund /> i credit look people real box. scores great /> they loan. info. dream. they down more safe! personal 1003. criminal. about information outside fannie deal. lender send this true sure dealing simply after time email sounds getting /> so website. thief’s investing have financing, before someone find give with next yourself officers websites payment know good post investors then info kinds estate most hard fill identity issue.” been closing. intention what /> before posters keeping need shop hope better. investor mortgages. loan these honest claiming some “100% with. come application

 
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