ACQUISITION OF A CHURCH LOAN APPLICATION
Enter all amounts in $ USD.
This form is for the purchase or acquisition of a church or religious institution.
COMPLETE APPLICATION IN DETAIL:
Submissions that state "See Attached" or provide incomplete information will be considered invalid and will not be processed.
Cash contributed by buyer:
Any note amount held by seller:
Total loan request:
How much capital is the church seeking?
Principal borrower(s) Credit Scores
Where is the church loacated?
Year church organization began:
What is the current Church net worth?
Estimated current "as is" value of Church owned real estate:
If appraised, what date?
If there is no appraisal, briefly describe the property:
Use of the Property
Total Mortgage(s) against real estate now
Monthly Payment on mortgage
Is the Church current on the monthly payments?
2020 Net Income:
2019 Net Income:
2018 Net Income:
This year's projected Revenue:
Is the Church currently profitable?
If profitable, for how many consecutive months?
Average weekly attendance for the following years:
Does the Church have accountant prepared financial statements?
If so, when does the accounting year end?
What type of statement?
No Statements Available
Additional Comments that might impact a credit decision, if any:
Optional File Upload
Questions above must be answered as requested.
Any questions stating "see attached" will not be given consideration and applicant will be required to re-submit the application.
Real Estate Owned Schedule (REO)
Name of person completing form:
Person completing the form is:
Referral Information (if applicable)
Name of person who referred you to us:
Email of person who referred you to us:
Account Executive (if applicable)
If you have been assigned an Account Executive (other than the person who referred you), please enter their email here.