The latest trick mortgage companies are doing is encumbering your property for more than they lend you. For example you buy a 300k home, get a mortgage for 200k and put down 100k. Banks are putting a 300k mortgage on the Land TItles in anticipation of giving you a home equity line of credit. The problem is you cannot shop around for a better deal because your Mortgage company has your equity encumbered. No one would give you a line of credit or a second mortgage. Literally they own you, and can dictate the interest rate. Banks will not tell you about this, and you will most likely be told by your lawyer as your signing papers days before your closing.