Lately more and more of my Borrowers having been calling me, because they have been receiving offers in the mail that make it seem like they were sent by us. These offer covered a number of areas, from refinancing, loan modification, bi-weekly payments, lower interest rates as well as others.
These offers are not sent on McCue Mortgage Letterhead, but will mention McCue Mortgage very early in the letter, and are worded in a way to make the Borrower think the letter was sent from us. This is a very sneaky way of trying to get the Borrower to call the phone number that is provided on the letter, thinking that they are contacting us.
This is unfortunate and is in my opinion a total misuse of the public information that these people are unfortunately able to obtain once a loan is closed, and the deed is recorded on the land records in the Town Clerks Office. These companies use this information to contact the Borrowers, and market their products in a fraudulent manor in my opinion.
Fortunately many of my Borrowers will call me to find out is this is on the up and up before contacting these companies, and I am able to tell them that it did not come from us, and what these other companies are really doing. I always tell my Borrowers that they may receive solicitations like this in the future, and to call me if they do. If you do not do this, it might be something that you might consider doing in the future, and hopefully help your clients avoiding being taken advantage of by these questionable practices.
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Info about the author:
George Souto is a Loan Officer who can assist you with all your FHA, CHFA, and Conventional mortgage needs in Connecticut. George resides in Middlesex County which includes Middletown, Middlefield, Durham, Cromwell, Portland, Higganum, Haddam, East Haddam, Chester, Deep River, and Essex. George can be contacted at (860) 573-1308 or gsouto@mccuemortgage.com
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