This might be a trick. I got a letter that looks like a check but it’s not. Instead of saying “Pay to the order of,” it just says “To the order of.” It has “Allocated Waiver” above the dollar amount and “signature required for redemption” below it. There’s no company or sender information except for “Lender Info: [my mortgage company].” But it says at the bottom, “We are not connected with your mortgage company.” There’s a free phone number, but I’m not calling it. It has some scary words about revoking and saying it’s the last warning. Is this fake? It’s for $199.
Do not call the provided number. Instead, report this to your local authorities or the Better Business Bureau. Do not provide any personal information or engage further with the sender. Rather, Stay vigilant and be cautious of unexpected or suspicious mail.
I also recommend not calling the provided phone number but instead, consider reporting this incident to your local authorities or the Better Business Bureau. They can investigate further and help protect others from falling victim to similar scams. Remember, it’s always better to err on the side of caution when dealing with unexpected financial communications!
It’s wise not to call the number provided or engage with the sender in any way. If you want to verify the legitimacy of such a letter, it’s best to contact your mortgage company directly using a phone number you find through a trusted source, not the one provided in the suspicious letter.
Mortgage lenders provide the borrower the option of foregoing a typical physical appraisal of a property during the mortgage application process.