Month: September 25, 2013

Never Pay Up Front for a Loan Modification!

  Here at Ace Mortgage Loan Corp, we hate to hear about people who thought they were getting a great deal on a mortgage loan or mortgage modification only to get scammed out of their hard earned dollars. There are plenty of scams going on all across the country and honest, hardworking people are getting absolutely raked over the coals by swindlers, crooks and immoral vagrants. We’ve been going over a few of the most common scams in the blog lately and we’ve got another one to talk about today. Often referred to by some as a “phantom of the loan mod” this kind of mortgage scam gets people to pay up front and then they get left high and dry. Paying a fee up front is illegal, it’s plain…

Protect Yourself from Horrible Deed Theft Scams

  When it comes to mortgage scams, it’s really easy to get hoodwinked into signing away your house without every realizing it. Deed theft is one such scam that is a serious problem here in the United States. Ever since the housing market collapse a few years ago, people have been suckered into scams like deed theft which take advantage of people who are quickly approaching a desperate situation in order to keep their house. Ace Mortgage Loan Corp always values honesty and transparency above all else and we hate to hear about people who fall victim to these terrible scams. Let’s take a look at how deed theft scams can happen. Deed thefts are often billed like any other mortgage scam. A desperate homeowner is offered a deal that…

Spotting a Mortgage Scam in Pompano

  There’s a whole lot to consider when it comes to getting a mortgage loan in Pompano Beach. With the economy still on the rebound and the housing market also recovering, many people are falling victim to a variety of mortgage scams. Here at Ace Mortgage Loan Corp, we always hate to hear stories of people loosing thousands in cleverly crafted mortgage scams. It doesn’t matter how smart you think you are or how much research you have done, expert scammers do everything right to make their heist seem legitimate. It happens to thousands of people every year and there doesn’t seem to be any end in sight. Don’t ever trust a mortgage lender who’s offer sounds too good to be true, because it probably is. Once you sign your…

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