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What is a Straw Borrower in Real Estate?
#3 Private Lending & Conventional Mortgage Advice Contributor
- Lender
- Austin, TX
🤔 What is a Straw Borrower in Real Estate?
👉 A Straw Borrower is an individual who uses their name and credit to obtain a mortgage for someone else who cannot qualify. Because the borrower has no intention of actually owning the property or making payments, this practice is classified as mortgage fraud.
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