No Cost to Get Started
Your time is important. Our minimum loan amount is
$500,000.00. Before spending money on accountants,
attorneys and appraisers, we will send you a preliminary
qualification/cash flow analysis with no obligation or cost!
To obtain this valuable analysis, your church or faith-based
organization should:
- Have
a minimum loan requirement of $500,000;
- Be certified as non-profit pursuant to IRS Code 501(c)(3);
- Be incorporated and provide us your date of incorporation;
- Provide the date your church officially started, if different
than your date of incorporation;
- Have annual, average attendance of 100 or more in your Sunday
morning service(s);
- Have annual income of $125,000 or more for your most recent
fiscal year;
- Provide annual income/expense statements, balance sheet, and
average
Sunday morning church attendance for your last three (3) fiscal
years; (some exceptions are allowed if you have existed less
than three years, depending upon the circumstances)
- Tell us how much you desire to borrow;
- For 20
year loans or longer, we will consider up to 4 times
your ordinary, annual income;
- For 15 year loans or less, we will consider up to 3.5 times
your ordinary, annual income;
- Tell us exactly how you
plan to use the borrowed
funds;
- Give us the approximate value of your property, including the
value
“when completed” if you are planning construction.
To assist you in providing us this information,
you may contact us by:
Please allow three business days to prepare your preliminary
analysis.
