Mortgage Monday I The VA/FHA Loan Scam You Didn’t Know Existed I Episode 128
The David Greene Show
David Greene
4.9 • 701 Ratings
🗓️ 5 May 2026
⏱️ 58 minutes
🧾️ Download transcript
Summary
Have you ever got a FHA or VA loan? Do you know someone who has? If so, you need to hear today’s show. Many in RE understand how ripe it is with fraud, lies, and deception. Today’s show pulls back the curtain and exposes one of the big ways you, and your friends, have been ripped off by a loan officer. David and Christian share a common scam used to defraud veterans and primary residence buyers out of benefits the government intended for them. The show is long, but it explains how it works, why it’s done, and most importantly, how to avoid being a victim of it. Definitely a show you’ll want to share with your friends and fellow investors. Download today!
Transcript
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| 0:00.0 | Welcome to Real Talk Real Estate, the show where we cover how to build wealth in real estate with no fluff, no BS, and no sales pitches. |
| 0:07.1 | I'm David Green, and I've been doing this for over 10 years. I've seen the ups, the downs, and everything in between. |
| 0:12.8 | This is the show where we pull back the curtain and show it to you too. So if you want to build wealth through real estate or you just love learning about it, you found your home. |
| 0:21.5 | What's going on, everyone. Welcome to real estate this is mortgage monday and today we've got a treat for you |
| 0:28.5 | this is one of those shows we're going to be very glad that you subscribe to this podcast and you |
| 0:34.4 | are following christian and i are going to be talking about not really a mortgage |
| 0:38.5 | scam, but a way that you are absolutely paying more for your loan than what you have to and what |
| 0:45.0 | you probably know that you were. And because as far as I know, this is the only podcast that |
| 0:51.3 | shares what goes on behind the curtain of the industry, whether it's a real |
| 0:55.0 | estate sales firm, a brokerage, a loan brokerage like this, property management. Guys, I see |
| 1:01.4 | all of the scams happening all over the place. I see them with short-term rental management. |
| 1:07.5 | In fact, we're not going to talk about today, but I started managing one of Christian's properties and found out Christian, one of the reasons why your property was in rough shape because you didn't talk to the manager. What he was doing was pretty shady. These are the things we talk about on real talk real estate. And today we've got a great one. Christian and I were at a dinner with some other brokers. And the topic came up that I found fascinating that these guys talk about all the time because they know about it. And I realize we're not bringing this to the people. So that's what we're going to be doing today. We're blowing the lid off. And after today's show, you will not want to just go with whoever you are recommended when it comes to a loan, specifically if it's a specialty type loan, you're |
| 1:44.4 | going to want to talk to us first to make sure you're not getting ripped off. |
| 1:48.4 | Christian, how is that for building up the suspense of the show? |
| 1:52.5 | Yeah, it's good. |
| 1:53.2 | And it's funny. |
| 1:53.9 | I see this as being actually the next, the next NAR lawsuit. |
| 1:59.4 | We talked a lot about this show with the, with the agents, |
| 2:02.2 | right, who got into the lawsuit with the National Association of Realtors and, you know, a couple |
| 2:07.7 | of the big brokerages. Basically, the, you know, moral of the lawsuit was, you know, unfair |
| 2:12.5 | compensation, right, preset with, with clients. I would not be surprised if in the next few months there's a, |
| 2:20.0 | there's an equal lawsuit appearing on the lending side against this structure of |
... |
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