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Updated almost 9 years ago,
Hard Money Lending
I’ve heard horror stories of borrowing money from hard money lenders. Much of what I have heard of horror stories comes down to being scammed into paying fee’s before you receive the money.
What should a hard money lender be looking for, and asking you for, information, such as I.D., Home address, bank account information, social security number. When if at all should these be answered before you have to worry about identity theft, or just losing out on your “fee”.