New Construction Loan Application

Loan application for proposed building plans, cost estimates, builder details, and the borrower's financial situation.

Step 1 of 4

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Please provide all information requested, then print and sign. This form is not intended to be, and shall not be deemed to be or construed as, a commitment by Lender to provide a Loan or to provide any other financial accommodation to Borrower or Sponsor or any of their respective affiliates.

BusinessFirst
Office: (302) 230-2645
Fax: (302) 300-4990
Email:
support@businessfirstinc.com
Address:
651 N Broad Street Suite 205 Middletown DE, 19709

1. BORROWER

Business Name(Required)

Business Address(Required)
Street Address City State ZIP Code

Is this your first loan application with BFC?(Required)

Yes

No

If yes, how did you find us?

Facebook

Instagram

Google

Website

If website, what is their URL (address)?

Currently, are you, your organization, and/or an owner or officer of your organization:

(a) A defendant in any suits or legal actions?(Required)

Yes

No

(b) Involved in any judgments, liens, or surety claims?(Required)

Yes

No

(d) Financially worse off, to a material degree, relative to the time of your last loan application with BFC?(Required)

Yes

No

(e) Delinquent on any taxes?(Required)

Yes

No

If yes to (a) thru (e), briefly explain:

2. PROPERTY INFORMATION
Size of Lot in SQ FT
Appraised Value
Loan Amount
LTV
Address(Required)
Street Address City State ZIP Code

Legal description (for example Tax ID block, lot):
Do you own the subject property?(Required)

Yes

No

Under Contract
If yes, date of acquisition:(Required)
MM slash DD slash YYYY

Land vacant at purchase?(Required)

Yes

No
If not vacant, demolition required?(Required)

Yes

No
Has any of the property been designated as wetlands by the local, state, or federal government?(Required)

Yes

No

Not Sure
Are BOTH water and electric utility hookups currently available at the land?(Required)

Yes

No
Is a sewer hookup available?(Required)

Yes

No

3. THE PROPERTY, AS COMPLETE
Property Type:(Required)

Detached Home

Townhouse

Duplex

Tri

Quad

5+Unit
Third Floor
Finished Square Feet (3rd)(Required)
# Bedrooms (3rd)(Required)
# Bathrooms (3rd)(Required)
Second Floor
Finished Square Feet (2nd)(Required)
# Bedroom's (2nd)(Required)
# Bathroom's (2nd)(Required)
Ground Floor
Finished Square Feet (GF)(Required)
# Bedroom's (GF)(Required)
# Bathroom's (GF)(Required)
Basement
Finished Square Feet (B)(Required)
# Bedroom's (B)(Required)
# Bathroom's (B)(Required)
TOTAL
Finished Square Feet
# Bedroom's
# Bathroom's
Number of Garage Bays(Required)
Pool(Required)

Yes

No
Any other square footage (covered patio, etc.) of significance:

4. SALE OF HOME
Is the property under contract to be sold after completion?(Required)

Yes

No

Yes, but only part of property
If Yes, the contract price:(Required)
If No, expected listing price:(Required)
I have prepared and reviewed this form. I hereby certify and represent that all of statements are accurate to the best of my knowledge. I authorize BusinessFirst Capital. and its affiliates to obtain references for the business and principals associated with this loan, including contacting any of the parties (a) listed as part of this submission for whom a phone number is requested and/or (b) listed on any other form as a reference. I hereby certify, represent, and warrant that the property is being built for commercial purposes: it is intended for arm’s length sale or rental to a third party, and the individuals comprising the current ownership will not occupy the property or otherwise allow it to be used personally until the requested BFC loan has been paid off in full.
Name(Required)
First Last
Title(Required)
Date(Required)
MM slash DD slash YYYY

Email(Required)

Phone(Required)
Signature(Required)

Why Choose BusinessFirst Capital for Investment Property Loans?

At BusinessFirst Capital, we make securing investment property loans easy by acting as your guide and advocate throughout the financing process. Here’s how we help:



Customized Loan Strategies

We evaluate your investment goals and financial profile to identify the best loan solutions.



Streamlined Application Process

We handle the documentation, negotiations, and follow-ups, saving you time and effort.



Lender Connections

Our vast network of lenders ensures you have access to competitive rates and terms tailored to your needs.



Support Through Closing

From application to final approval, we ensure a smooth and stress-free experience.

Get the right loan for your project today

Apply now and our team will go to work for you ASAP to find the right funding for your scenario

Get Started

New Construction Loan Application

New Construction Loan Application

1. BORROWER

2. PROPERTY INFORMATION

3. THE PROPERTY, AS COMPLETE

4. SALE OF HOME

Why Choose BusinessFirst Capital for Investment Property Loans?

Customized Loan Strategies

Streamlined Application Process

Lender Connections

Support Through Closing

Get the right loan for your project today

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