I get tired of answering the 100% LTV at 5% questions but I see you’re active duty military and I’d hate to see you get ripped off, @May Baten.This is a scam.  100% LTV loans do exist but there are no legitimate private/hard money lenders loaning at 5%. 

@Mindy Bowden Step one: Make sure that offer is not a scam.

@Hector AguilarFrom what I can tell this site is a complete scam.

That is the case but its filled with a bunch of scam types.

And then there’s this post: EDWARD BURNS FINANCES SCAM ARTIST (SCAMMERS LIST)Just so you know, real private lenders are not typically out there emailing strangers on the internet to try to give them loans.

You never know what kind of scams are out there waiting to get you.

But I can tell you my experiences with a few bad ones to avoid in Jacksonville:Tony L Usry - He has a new rap sheet a mile long, but he is a short white dude that scams people out of money saying he can fix things, but he cannot.

Fortune Builders is a scam, designed to build fortunes for the carnival barkers on stage, not for the gullible attendees who buy into this get-rich-quick scheme.

How can this scam exist ?                    

I know they are doing it to protect themselves from scam.