CONVENTIONAL BANK CHURCH FINANCING
IS AVAILABLE THROUGH CORRESPONDING BANK UNDER
FOLLOWING TERMS:
MINIMUM: $3 Million
RATE: Starting at 2% over Prime (5-Year Fixed)
TERM: 5 Years
AMORTIZATION: 25 years
LTV: 75% Maximum
POINTS: 2
CHURCH OPERATING: At Least 5 Years
CHURCH MEMBERSHIP: 300 Minimum
Program
availability and terms may change without prior
notice.
REQUIRED ITEMS FOR BOTH BOND & BANK
FINANCING:
1. Church Finance Online Application
2.YTD Statement of Revenues and Expenses and
Balance Sheet
3. 2006 Statement of Revenues and Expenses and
Balance Sheet
4. 2005 Statement of Revenues and Expenses and
Balance Sheet
5. Attendance and Giving reports for last three
(3) years and YTD
6. List if Individual Pledges
7. Pictures of the church (via email if possible)
8. Copy of sales contract, down payment and source
of down payment (if applicable)
The information can be fax to 212-480-8098 or
email to underwriting@churchlenders.com.
For information, please contact us via email at Info@churchlenders.com.
Thank you!
THIS IS NOT AN OFFER TO MAKE A LOAN. PROGRAMS,
RATES, TERMS FEES ARE SUBJECT TO CHANGE AT ANY
TIME WITHOUT PRIOR NOTICE.
Back
To Church Finance Page - Apply Online
- Click Here
for BOND Finance
