Is this a scam?

[Jason Farmer]

Hello my fellow BP members

I have been reaching out for a Hard Money Loan, i talked to several so called "lenders" and after speaking to so many its almost like i can predict the enitre conversation from the beginning to when i say "you must be crazy have a good day"...

Im not experienced in HMLs at all so im asking because maybe its me, but the conversations always starts great, they throw out a bunch of awesome sounding senerios, they do a keep evaluation of the property, they say they love the deal. They we talk rates, which also sound good to me. Then after 20 mins of that they all end with. "OK EVERYTHING LOOKS GOOD ONE NOW ALL YOU NEED TO DO IS PAY THE $500 TO ORDER THE APPRAISAL"..

It wont be refunded if the appraisal comes back less than 65%...HUH?

This has got to be a scam or is this normally how hard money works?

Feel free to scold me BP i need it...LOL