When we will buy a new house we will go for mortgage loan. But one thing you need to be very clear that before going for any mortgage loan you need to know all the rules & regulations properly.
As i found that there are many mortgage frauds those may cheat you. so, my suggestion is before signing any documents related to mortgage loan just clarify several times. If you are not getting any points just appoint an advisor.
But if you will sign without seeing anything then they will make your life hell. For your information here is a informative video below which will give you some ideas that how Mortgage frauds are working and how they will put you into the trap.
This is only one example which i have shared with you. If any of you have any this type of live experience then you may share with me through comment or mail.