The Building Loan Fund (BLF) was created at the 1957 National Convention to provide monies to Triangle chapters and colonies for the purpose of financing house purchase, construction, remodeling, furnishings and equipment. The trustees also provide guidance and assistance to chapters and colonies with regard to insurance, safety matters, and future housing needs. Since 1978, over $4,500,000 has been loaned to more than 25 chapters and colonies. For more information about BLF, see A Brief Introduction To The Triangle Building Loan Fund.

Money available from BLF is to be supplemental to funds otherwise available to chapters (cash on hand, investments, local commercial financing, fund drive receipts, etc.). Typically a BLF loan is not to exceed 33% of the total cost of building, purchasing, or remodeling. Loans typically have a minimum interest rate of 7% and a maximum term of 10 years. These terms may be adjusted if conditions warrant it. BLF will guarantee the payments on a first mortgage loan from a commercial lending agency if requested to do so. This may help obtain a lower interest rate or assist in getting a loan accepted. Loan applications and other documents may be downloaded below.

The Building Loan Fund is administered by five trustees, Triangle brothers with extensive experience in fraternity and house-holding corporation management. The current trustees are:
 

For more information, contact the Building Loan Fund at This e-mail address is being protected from spam bots, you need JavaScript enabled to view it .

Loan Application Forms and Documents

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• Home Improvement Conest Spring 2012
• Housing Your Chapter
• Application for Loan
• BLF Rules and Regulations
• Automatic Payment Plan - Information and Rules
• Authorization for Automatic Payment
• BLF Manual (New as of Jan 30, 2010)
• A Brief Introduction To The Triangle Building Loan Fund