Q: What are my responsibilities during the mortgage loan process?

A: To ensure you won't fall victim to loan fraud when buying a home, be sure to follow all of these steps as you apply for a mortgage loan:

• Be sure to read and understand everything before you sign.
• Refuse to sign any blank documents.
• Do not buy property for someone else.
• Do not overstate your income.
• Do not overstate how long you have been employed.
• Do not overstate your assets.
• Accurately report your debts.
• Do not change your income tax returns for any reason. Tell the whole truth about gifts.
• Do not list fake co-borrowers on your loan application.
• Be truthful about your credit problems, past and present.
• Be honest about your intention to occupy the house
• Do not provide false supporting documents.

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