Church Funding
You were invited to our website to get Pre-Approved for our “Church Program”. “Church Program” is designed for the following:
Fixed Rates 30 year Fully Amortized Interest Only Option
No Personal Guarantees None to Light Documentation Avoid Restrictive
Operating Covenants If you like what our program offers, then this is the program for you. “Church Program” is a nationwide program. Guidelines: This program has standard guidelines.
View below:
- From $75K to $30M
- No Credit Minimum
- Term: Up to 30yrs
- Up to 90% LTV
- Rate: As low as 3%
- Close as soon as 10 days
Minimum Requirements:
- Must be able to show proof of income
- Application Fee
- A Tri-Merge Credit Report fee of $57
- A valid Driver’s License or State ID
- Must have a Checking Account
- A Social Security number
Church Loan – Checklist
- 3yr Balance Sheet (See Attached)
- 6 months of recent Bank Statements (all pages)
- Articles of Organization, EIN & signed Operating Statement
- CD Contact Form (See Attached)
- Church Financial Statement
- Church Questionnaire (See Attached)
- Disclosures (It will be emailed to you)
- Driver’s license or State ID. (Must be color for verification purposes)
- Income Expense Sheet (download from our website)
- Membership statistics (includes the average number of people that visit the church on
- Weekly bases and on Sundays and how much they usually contribute)
- Payoff (if refinance)
- Social Security card
- Track Record & REO Form (See Attached)
Here are the steps moving forward
- Subject Property Address in Subject Line when sending back the documents.
- Budget of project, purchase price, or Loan Amount.
- After Repair Value if Fix and Flip or Current Value if DSCR / Refinance
- Down Payment -Bank Statement or Statement for down payment if applicable.
- Check your credit scores here:/ send or upload a copy of the report and all scores.
- Please send me a copy of your credit report with scores and the attached documents.
- Please see the attached loan application, credit authorization and all documents needed to move forward.
Send all documents on checklist to: info@myfundingmentor.com
© 2024 All Rights Reserved.