Florida among states with most mortgage application fraud risk | Law Office of Sam J. Saad III

Florida among states with most mortgage application fraud risk | Law Office of Sam J. Saad III

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Florida among states with most mortgage application fraud risk On behalf of Law Office of Sam J. Saad III posted in real estate transactions on Friday, October 19, 2018. A recent study found that Florida is among the top three riskiest states for mortgage application fraud.

The most popular loan type in Florida is the 30-year fixed rate mortgage. This loan allows buyers to lock in a low interest rate on their loans without having to worry about future uncertainty. 15-year fixed rate mortgages allow homeowners to build equity much faster. Knowing the questions you want to ask a mortgage lender is just the start.

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