I've never heard of Rent Guarantee insurance either, seems like a scam to be honest..when someone has excellent credit, I ask for a downpayment and first month's rent..when it's a little on the skeptical side, I ask for first and last, and security deposit.

I felt compelled to right about the loan application process so you can understand it and avoid getting scammed.

It was an inadvertent violation of BP's (very valid) anti-self promotion rules....I thought they only applied to selling stuff and didn't realize that they extended to free content as well. 

can you share any details of how the scam was set up .. so others can look out for it. 

Stay away, complete scam.

lol : ) ...... )They are looking for a nicer landlord ( sucker ) to run the scam on again.

The way it appears to "complicates things" is that you can catch them on their scam.

Supposedly, there's verbiage in the legislation that heavily protects the homeowner from foreclosure scam artists.

They hate wasting their time, so as long as you don't waste it, or run a "bait and switch" scam - it's not unethical.

In the lending world, loan scams always target the areas where loan products are scarce or simply don’t exist.