These tips for spotting and avoiding VA home loan scams come from the Consumer Financial Protection Bureau. Many service members, Veterans and military spouses have been receiving fraudulent calls and mailers from companies who claim to be affiliated with the government, VA, or their home loan servicer. These calls or mailers often try to sway you to refinance your home, agree to a loan modification, or pay your loan via purchased money orders. They may also try to convince you that your home is facing foreclosure.
Be wary of any individual or lender that contacts you and:
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