BRRRRlender.com New Borrower Credit Application
  • New Borrower Credit Application

    This application is for new borrowers. Returning borrowers only need to fill in the "Property Information Application"
  • Entity Information

  • Investor Information

  •  -
  • Have you Filed for Bankruptcy within the past ten (10) years?*
  • Are there outstanding judgments against you?*
  • Are you currently party to a lawsuit?*
  • Have you directly or indirectly been obligated on any loan which resulted in foreclosure, transfer of title in lieu of foreclosure, short sale or judgment?*
  • Have you ever been convicted of a felony?*
  • Are you a US Citizen?*
  • Are you self-employed?*
  • Do you have experience buying and selling real estate?*
  • Do you have any real estate investment projects (or "fix and flips") currently in progress?*
  • Do you own any additional investment properties?*
  • Are you a member of a real estate association or group?*
  • Investment Property Information

  • Property Type*

  • Anticipated Closing Date*
     - -
  • Do you anticipate adding a bedroom or bathroom to the property?*
  • Type of Financing you are requesting?*
  • Are there delinquent taxes associated with the investment property?*
  • Are there any known issues with title that would impair the value or use of the Investment Property?*
  • Is there an existing appraisal for the investment property?*
  • Why are you buying the property?*

  • Title Office Information

  •  -
  • Applicant's Commercial Purpose Disclosure

  •  -
  • Applicant hereby acknowledges and agrees that the following statements are true:

     

    THE FINANCING FOR WHICH THIS APPLICATION IS COMPLETED IS FOR BUSINESS, INVESTMENT OR COMMERCIAL PURPOSES ONLY AND IS NOT FOR PERSONAL, HOUSEHOLD OR FAMILY USE AS DEFINED IN THE LAWS OF THE UNITED STATES AS THEY NOW EXIST.

    Notwithstanding that the property for which this financing application is completed may consist of single or multi-family structures ultimately used for residential purposes by an end buyer, I/we am/are purchasing the property for commercial purposes as part of my/our business and for the purpose of making a profit.

    Any provisions relating to protections, rights, obligations or other matters relating to financing made for personal, household or family uses are not applicable to this commercial purpose loan. I represent that I understand the difference between a consumer loan for personal purposes and a commercial loan for business purposes.

    I realize the lender, broker, assignees, or successors rely upon the information contained in this application and this disclosure is made to induce lender to make a commercial loan secured by a deed of trust or mortgage on the property described above, and I agree that lender would not make a commercial loan if the facts were contrary to those contained in this disclosure. 

  • Date*
     - -
  • Should be Empty: