The secret behind private money lending and borrowers success

[Account Closed]

The insurance company make it easier with repayment insurance policy. How do you think this work?

[Charlie Fitzgerald]

If you are speaking about life insurance that pays off the mortgage in the event of the borrowers death, that's one thing.  If you are speaking about the scammers that tell you to send in money to them so they can get a repayment policy in place before they fund your loan , that's just a scam.  Kind of like advertising yourself as a lender in a State that requires multiple origination licenses and a business entity to lend from and not having any of that.  Like Nevada does for instance .  Be very careful with whom you give your information to folks...and never give a lender or anyone purporting to be a lender any money upfront (with the exception of paying for an appraisal or BPO) and then, only do it with a credit card.