Program Highlights
• No start up. Church must have a 3 year history
• Main stream christian churches only qualify for this program • Minimum loan amount $750,000 • Maximum 75% loan to value based on final completed facility • New construction or additions acceptable • No personal guarantees required from church members • No prepayment penalties • Not bank financing but based on bond issuance • High borrowing power for church entity • Specialized underwriting exclusive to this market • Fixed interest rates for term of the loan • Funding up to 4 times church gross annual income |