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“Hell NO, that is Fraud!”

By
Mortgage and Lending with Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 NMLS # 6869

“Hell NO, that is Fraud!”

 

Hi Joe,

I have a question for you. I mortgage guy called me about doing some work for him and during the conversation I let him know that I was working with you to get financed for a three family. I was complaining that I didn’t quite have enough money to put 15% down. He told me since I am not on the mortgage with me wife, that I could still buy a home as a first time home buyer, is true?

 

This is by no means the first time that I have heard something this stupid. Some folks would be willing to risk doing something fraudulent and risk jail time, but not me. I would never allow a client to do something so foolish!

 

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Joe Petrowsky, NMLS #6869

Right Trac Financial Group, Inc. NMLS #2709

110 Main St.

Manchester, Ct. 06042

Office: 860 647-7701 x116

Fax: 860 647-8940

Cell: 860 836-9294

Email: joe@righttracfg.com

www.righttracfg.com

www.joepetrowsky.com

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Joe Petrowsky does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.

Equal Housing Statement: We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing becuase of race, color, religion, sex, handicap, familial status, or national origin.

Sham Reddy CRS
Howard Hanna RE Services, Dayton, OH - Dayton, OH
CRS

Thanks for sharing Joe!!!

Some folks would be willing to risk doing something fraudulent and risk jail time. I would never allow a client to do something so foolish!

Apr 18, 2022 04:31 AM
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Joe. Some people are in the mortgage business to assist borrowers and as a result receive a fee for their services. Some people are in it for the money and not to be of assistance. Enjoy your day.

Apr 18, 2022 04:42 AM
Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

Thank you for sharing the real estate information.

Buyers and sellers in your area will benefit from your expertise.

Wishing you continued success. bill

Apr 18, 2022 06:05 AM
Ed Silva, 203-206-0754
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

I would assume that if they present it as factual, they can convince the buyer and themselves that It's not illegal

Apr 18, 2022 06:43 AM