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Re: Disclosures required on Commercial Hard Money Loan?:

Posted by hard money lender on March 25, 2008 at 9:25 AM

In Reply to: Disclosures required on Commercial Hard Money Loan?: posted by JK (the other JK) on March 24, 2008 at 6:33 PM

i looked thru a commercial loan i have, and the borrower did initial various items of things that had been disclosed to him.

as well as various signatures on actual disclosures.

i cant say that i have seen them before, but then i dont go looking for them, since they dont affect me.

so i dont know if they are necessary. this particular broker may just have been protecting himself.


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