Ontario mortgage help
Mortgage fraud warning signs in Ontario
Never sign or submit information you know is inaccurate. Verify every material fact, work through licensed or independently regulated professionals, protect identity documents, and stop when anyone asks you to misstate income, debt, occupancy, or ownership.
What to do first
Read the completed application and every supporting document before signing or authorizing submission.
Verify an Ontario mortgage brokerage, broker, or agent in FSRA's public licensing records and review any enforcement history.
Use your own independent lawyer for title, ownership, powers of attorney, transfers, and unusual financing or rescue arrangements.
If fraud may have occurred, preserve the records, contact affected financial institutions, review title and credit reports, and report it to the appropriate police and fraud-reporting services.
Important considerations
An omission can be a misrepresentationHidden debts, false occupancy, altered income documents, undisclosed side agreements, and inflated property information can all create serious consequences.
Distressed owners are common targetsBe wary of anyone offering to stop enforcement by taking title, controlling the property, or charging an upfront rescue fee.
Do not rely on a professional title aloneVerify licences and use independent advice where interests may conflict. Keep copies of everything you sign and submit.