This church loan tips booklet is written for:

  • Pastors and Administrators that are shopping for a church loan now

  • Church leaders that are having a hard time finding adequate church financing

  • Churches that are purchasing a new building

  • New churches that are planning to expand their ministries and build a church
    campus within the next few years.

  • Churches that want to refinance existing church debt

  • Churches that need a construction loan to remodel their existing facility

     

















    Tip #17 -  Distinguish your church as a legitimate religious organization by
    incorporating it. File incorporation documents with the Secretary of State
    Department to have the church obtain official nonprofit status.  Many church
    lenders will not lend to churches that are not incorporated.

    Tip #32 - Allow enough time to obtain the loan when working against a deadline.
    To avoid penalties, start the loan application process at least 6 months before
    any pending due dates, such as existing loans maturing.
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What You Need to Know Before Financing Your Church:
77 Tips To Save Time and Prevent Mistakes (Annena Aikins)