Giving out a property address to the lender before the deal is locked

[Paula Shaheen]

We are working on our first deal, and are confident we found a great property. We've submitted the offer, and the REO team asked that we also provide proof of funds. We have not yet funded the LLC, and were waiting to do so from our private investor and hard money lender once the deal was locked in.

Our hard money lender is willing to give us a proof of funds, but wants to see the first page of the contract.  Maybe I'm overreacting, but since the deal is not yet ours, I am nervous to give this information to anyone.  Or is this standard protocol?

Your feedback would be appreciated.