How to Apply for a Baptist Church Loan

Baptist church loan amounts range from $25,000 to $5,000,000.

Churches require a large amount of money to run. Church services, events, and mission trips are just a few examples of the big expenses for non-profit Baptist churches. Whether you are planning to build a church, or your church needs more money, you can apply for a loan with the Baptist Church Loan Corporation. Using calculators provided on the Baptist Church Loan Corporation website, you can find out how much money you qualify for, and what your monthly payment would be. You will use this information to fill out your application for a Baptist church loan.

Instructions

1. Go to the Baptist Church Loan Corporation website (see Resources) and view the loan information to make sure you qualify for a loan.

2. Use the "How Much Can You Afford" calculator to see how much you can afford to borrow. Enter your church's designated income and amount of pledges then click "Calculate" to see the maximum amount of money you qualify for.

3. Use the "Monthly Payment" calculator to find out how much you will have to re-pay per month. Enter in the maximum loan amount you found from the previous calculator to calculate your monthly payment.

4. Download the loan application, then print it and fill out all of the required information. Sign and date the application, then send the application to the Baptist Church Loan Corporation (see Location). A representative from the Baptist Church Loan Corporation will contact you shortly after receipt of your application.

References

• Baptist Church Loan Corporation: Get Started Here

Resources

• Baptist Church Loan Corporation: Do We Qualify?