Wednesday, March 21, 2007

query: not telling the lender that you pay child support will they find it on the preliminary title report

Can you spell fraud? FRAUD, yes that's what you are committing when you fail to disclose a child support obligation to your mortgage lender. And, yes, they just might find it on the preliminary title report.

In Pennsylvania, we check the child support web site for every buyer and seller in a purchase transaction, and every borrower in a refinance transaction.

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