Real estate blog entries tagged with investor mortgages by Colleen Craig (Southern California Mortgage Professional)

Channels
Consumer
Professional
States
USA
- AL
- AK
- AZ
- AR
- CA
- CO
- CT
- DE
- DC
- FL
- GA
- HI
- ID
- IL
- IN
- IA
- KS
- KY
- LA
- ME
- MD
- MA
- MI
- MN
- MS
- MO
- MT
- NE
- NV
- NH
- NJ
- NM
- NY
- NC
- ND
- OH
- OK
- OR
- PA
- RI
- SC
- SD
- TN
- TX
- VI
- UT
- VT
- VA
- WA
- WV
- WI
- WY
Canada
- AB
- BC
- MB
- NB
- NL
- NT
- NS
- NU
- ON
- PE
- QC
- SK
- YN

Home : Blogs : Colleen Craig : Colleencraig.com Blogs : Tag "investor mortgages"

investor mortgages: One Year in Jail and a $10,000.00 fine? - 07/14/10 12:09 AM

One Year in Jail and a $10,000.00 fine?
You heard it! That is the price for mortgage fraud.
I don't know about you, but my red hair clashes with orange!

This is serious folks! How many of you have had clients who were CLEARLY buying an investment property, but obtained financing as an owner occupied home? Ok none of us want to admit it, but let's be honest. This happened ramp-idly in the past, but NO MORE! If caught, it comes with a mandatory $10,000.00 fine and one year in jail.
You can not as the realtor … (33 comments)

Related Links:

Colleen Craig

Santa Clarita, CA

More about me…

Southern California Mortgage Professional

Office Phone: (661) 310-8536

Cell Phone: (661) 310-8536

Email Me

rets

Listings

Links

Archives

Find CA real estate agents and Santa Clarita real estate on ActiveRain.

Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.