Use These Tips to Avoid Common Pre-Approval Loan Scams

If you're looking for a way to get a mortgage pre approval, then you need to be aware of the scams that are happening online.

1. Don't pay for pre approval loans - many of these scams involve charging people money in order to get them to sign up for a loan.

There is no guarantee that you'll be approved for the loan, and in fact, you may end up paying more than what you would have if you had gone through a legitimate lender.

2. Beware of fake reviews - scammers often create fake online reviews or ratings to make their product look better than it is.

. Check the website or company's actual reviews before making any decisions about whether or not to use them.

3. Be cautious when giving your personal information - never give out your Social Security number, bank account numbers, or other personal information to someone who asks for it.

These tips should help you avoid becoming a victim of one of the many scams happening online when it comes to mortgages pre approvals.

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