Paperfree Hard Money
Be on the Lookout for Insurance Scams from Commercial Hard Money Loan Lenders
Currently, a new scam is being used in commercial hard money loans, and fake and unauthorized commercial hard money loan lenders are endorsing it.last updated Sunday, July 13, 2025
#Hard Money Lenders #hard money lending scams
| by John Burson |

QUICK LINKS
AD
Get access to Hard Money Capital by Asset types2
Applying for and receiving a commercial hard money lender loan is considered a commercial hard money loan, including private money loans, bridge loans, and all other alternative non-bank financings. If you are offered a commercial hard money loan, and the requirement is that you first buy a form of insurance, for instance, a loan or life insurance, among others, know that this is most likely a scam. This is because the only type of insurance you will require when applying for commercial hard money loans is hazard insurance, which only covers the property. You can obtain this type of insurance from your insurance agent, and it is similar to a homeowners' insurance policy, which is used to protect personal property.
Suppose someone offers you commercial hard money loans and insists that you need life insurance for them to finance you, or that you need any other form of insurance different from a hazard insurance policy for the asset or property itself. In that case, this will most likely be a scam.
Free Consultation
Search within Paperfree.com
Similar Pages
- Hard Money Loan Companies. Hard money marketplace.
- Six Tips for Selecting the Best Commercial Hard Money Lenders L1:B1
- Hard money loans for real estate investors. 10 Benefits of Hard Money Loans for Real Estate Investments.
- Advantages and Disadvantages of Commercial Hard Money Loans That You Should Know
- How Do Hard Money Lenders Structure Loans?
- How do I Use Hard Money Loans to Fund Real Estate
- Uses of hard money loans
- Do you qualify for a commercial hard money loan? 3 Business scenarios for business hard money loans.
Popular
Benefits of the EB-5 Visa Program | Guide
Search within Paperfree.com