Church Loan Consulting

Glorious Financial Services specializes in consulting tailored financing solutions for churches and non-profit organizations, designed to meet their specific goals and challenges. Whether you’re looking to acquire new property, expand your current facilities, or invest in capital improvements, we can get a low-fee, competitively priced loan program to help turn your vision into reality. 

We recognize that your ministry is about much more than a building, but we also understand the critical role your property plays in supporting your mission. As a steward of this key asset, you may need to renovate, enhance, or reimagine your space to foster growth and extend your reach. 

Glorious Financial Services is committed to partnering with you on your journey to achieving these goals. 

Let’s partner together to find the solution that’s right for you.

Financial - statements of the church's last three fiscal years and current period (if available) including income statements and balance sheets.

Appraisal  -  Estimated appraisal value of the property to be mortgaged to secure the financing. If an appraisal is not available, we will consider the book value or other indicators as part of our preliminary evaluation.

Use of Proceeds  - An itemized list of the intended use of the requested loan proceeds.

History -   A brief history of the church including date of origin, denominational affiliation, if any, and adult membership and attendance figures.

Resume  -  A brief resume or biography of the church's senior pastor.

Project  - A brief description of the proposed construction or renovation project (if applicable).

Loan to Value - The loan amount should not exceed 75 - 80% of the value of the church property as completed.

Loan Size - The loan amount should normally not exceed three times the church's last fiscal year's total support and revenue.

Ability to Repay -   The church must demonstrate the ability during its preceding two fiscal periods to comfortably repay the anticipated mortgage loan.

Construction -   In renovation or construction projects, the church must engage an independent general contractor under a firm-fixed-price contract.

Non-Profit Corporation -   Loans are only available to organizations that the Internal Revenue Service classifies as "non-profit" 501(c)(3) organizations