BRRRRlender.com New Borrower Credit Application

Entity Name*

Entity Type*

State Of Organization*

Business Address (No PO BOX)*

Street Address

Street Address Line 2

CityState / Province

Postal / Zip Code

Entity EIN *

Name*

First NameLast Name

Investor's Title Within Borrowing Entity*

Phone Number*

Area CodePhone Number

Email*

example@example.com

Primary Residence Address*

Street Address

Street Address Line 2

CityState / Province

Postal / Zip Code

Have you Filed for Bankruptcy within the past ten (10) years?*

YesNo

Are there outstanding judgments against you?*

YesNo

Are you currently party to a lawsuit?*

YesNo

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?*

YesNo

Have you ever been convicted of a felony?*

YesNo

Are you a US Citizen?*

YesNo

Are you self-employed?*

YesNo

Name of Employer/Business*

Position/Title*

Annual Income - Current Tax Year Estimate*

Annual Income - Previous Tax Year*

Current Liquidity (Including cash on hand, lines of credit; excluding credit cards)*

Credit Score*

EX: 710/Enter your most recent estimated Credit Score

Do you have experience buying and selling real estate?*

YesNo

How many years of experience?*

Total Number of real estate investment projects (or "fix and flips") completed.*

Do you have any real estate investment projects (or "fix and flips") currently in progress?*

YesNo

If yes, how many?

Do you own any additional investment properties?*

YesNo

Please provide below the property addresses for any recently completed or currently listed investment projects (or "fix and flips"). *

Are you a member of a real estate association or group?*

YesNo

What accounting software do you use?*

Who can we thank for your referral?*

Investment Property Address*

Street Address

Street Address Line 2

CityState / Province

Postal / Zip Code

Property Type*

Single Family ResidentialMulti-FamilyOther

Purchase Price (Final or Estimated)*

Anticipated Closing Date*

Date

What is the estimated rehab budget?*

What is your desired loan amount? (90% Purchase Price + Rehab, if desired)*

What is the estimated after-repair value?*

What is the property's square footage (at purchase)?*

How many bedrooms does the property have (at purchase)?*

How many bathrooms does the property have (at purchase)?*

Do you anticipate adding a bedroom or bathroom to the property?*

BedroomBathroomNeither

Type of Financing you are requesting?*

AcquisitionRefinancing

Are there delinquent taxes associated with the investment property?*

YesNo

Are there any known issues with title that would impair the value or use of the Investment Property?*

YesNo

Is there an existing appraisal for the investment property?*

YesNo

Describe the current use(s) of the property. *

Why are you buying the property?*

Fix and FlipBuy and hold (rental property)WholesaleOther

Provide a summary of the planned improvements that will be made to the property (i.e. what is your plan for the property?)*

Name of Title Office Closing Deal*

Title Office Contact Name*

First NameLast Name

Title Office Contact Email Address*

example@example.com

Title Office Address*

Street Address

Street Address Line 2

CityState / Province

Postal / Zip Code

Title Office Contact Phone Number*

Area CodePhone Number

Applicants Full Name*

First NameLast Name

Co-Applicant Full name (if applicable)

First NameLast Name

Co-Applicant email (if applicable)

example@example.com

Co-Applicant Phone Number (if applicable)

Area CodePhone Number

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.

Agree to Commercial Purpose Disclosure*

Yes

Signature*

First NameLast Name

Date*

Date

Purchase Price*

New Borrower Credit Application

Entity Information

Investor Information

Investment Property Information

Title Office Information

Applicant's Commercial Purpose Disclosure