Loan Application Process

Contact.

Contact us and a loan advisor will work with you to gather the information needed to send you a loan application and proposed loan terms.

 

Application.

The church returns the completed loan application with required documents/information. If your congregation qualifies, the loan advisor will submit a loan package for approval by the Loan Committee.

 

Approval.

The loan committee meets the fourth Thursday of every month (holidays may affect this schedule) to consider loan applications, among other business. 

 

Documentation.

In preparation for disbursement, we may request certain supporting documentation, such as title work and property value. Once all the necessary information is received, we will prepare loan documents.

 

Disbursement.

Once documents are signed and properly recorded, we send your church the loan proceeds!