Helpful Hints for Completing the Loan Application
Thank you for downloading the Baptist Church Loan Corporation Loan Application Form. Listed below are a few hints to help you complete the form. If
you need additional assistance, please feel free to call us at 214-828-5140.
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Baptist Church Loan Corporation
Loan Application
(To be completed by Borrowing Church)
LOAN REQUEST INFORMATION
Amount Requested: Date Needed: Is this loan for a mission? Y/N
If Yes, Name of Mission*: Y/ Y/N
Funds to used for: Construction Remodeling Purchase of Existing Building
Refinance Purchase Land Other (please explain):
*If loan is for a Mission, the “Mission Information Form” must also be completed.
CHURCH INFORMATION
Borrowing Church: Date Constituted:
Street Address: Date Incorporated:
City: Zip: Church Phone:
Mailing Address: Zip: Church Fax:
County: Association: Church Email:
Pastor: Home Phone: Home Email:
Pastor’s Address:
Total years in ministry? How long at present pastorate? Part-time or fulltime?
Contact Person if not Pastor: Phone:
Address: Email:
MEMBERSHIP AND ATTENDANCE INFORMATION
(Five Year Record by Church Year)
Current Year
Month church year begins: Through Mo. Last Year Two Years ago Three Years Ago Four Years Ago
[ ] [ ] [200 ] [200 ] [200 ] [200 ]
Resident Members
Additions by letter
Additions by baptism
Sunday School Enrollment
S. S. Average Attendance
Average AM Worship Attendance
What are the principal occupations of the church members?
Describe surrounding area and community (include population makeup, proximity to major thoroughfares, future growth potential,
economic level, etc.
FINANCIAL INFORMATION
(Please itemize for the last twelve months. Round to the nearest dollar.)
Tithes and Offerings Expenses
(Undesignated Receipts)* (Paid from Undesignated Receipts )
Salaries
Personnel Exp,
Social Security, Loan
Retirement, Payments/ Other Total
MM/YYYY Amount etc. Rent Utilities Missions Expenses Expenses
TOTAL
*Undesignated Receipts are contributions that may be used for any church purpose without further consent of the contributor.
If expenses exceed receipts, explain variances:
Is the church current in payments of monthly expenses? Y/N ________ If No, explain:
COMPARISON OF RECEIPTS TO BUDGET
Current Fiscal
Month Fiscal Year Starts: Year through Last Fiscal Year Two Years Ago Three Years Ago Four Years Ago
[ ] Mo. [ ] [200 ] [200 ] [200 ] [200 ]
Tithes/Offerings (Undesignated)
Annual Budget
THIS YEARS’S ADOPTED BUDGET (FORECAST)
Salaries &
Personnel Loan Payments/ All Other
Expenses Rent Utilities Missions Expenses Total
Amount $
% Of Budget % % % % % 100%
LOANS PAYABLE AND LONG-TERM DEBT
Will Pay off with
Owed To Balance Monthly Payment Payout Date this loan?
Y/N
Y/N
CURRENT ACCOUNT BALANCES
Total Designated & Amount Restricted Undesignated
Undesignated For specific Purpose (Not Restricted)
Checking Account
Savings Account
Building Fund Account
PROPERTY INFORMATION
How value determined
Size Value
Proposed Land Purchase Acres
Proposed New Building Sq. Ft.
Existing Land Acres
Existing Educational Building Sq. Ft.
Existing Auditorium Sq. Ft.
Existing Activities Building Sq. Ft.
Other [ ] Sq. Ft.
Seating Capacity of Worship Center Present [ ] Proposed [ ]
THE PROJECT
Will the church use Building Fund receipts to make all or part of the payment of this loan? Y/N ________
If yes, church must complete Schedule A.
If this loan is for a construction or remodeling project:
How will the work be accomplished?
Contract Labor Supervised Labor Donated Labor
Mission Volunteer/Church Builder Other
What is the total project cost? $
How much cash are you putting into the project? $
Have the plans been drawn by a registered architect? Y/N _____
Have you received all the necessary permits for the proposed project? Y/N _____
State law requires that all assembly buildings comply with current Life Safety Codes and Handicap Access Codes. State law also
requires that assembly buildings with a span greater than 24 feet or more than 5,000 square feet of enclosed space have a str ucture
designed and sealed by a registered structural engineer and that all assembly buildings costing in excess of $100,000 or seating 50 or
more persons be designed and sealed by a registered architect.
If the loan is for purchasing land or an existing building:
What is the total purchase price? $
How much cash (including earnest money) are you paying? $
Does the church understand that the mortgage will contain a clause that, in the event the church ceases to coope rate with the Baptist
General Convention of Texas or if the property should be sold, leased, or otherwise disposed of, that the remaining indebtedn ess will
become due and payable immediately? Yes / No ______
Note: If the by-laws of the church permit less than all of the Trustees to sign legal documents,
please indicate the minimum number in the second paragraph below.
Church Resolution
RESOLVED that the Trustees of (Legal Name of the Church) ______________________________________________,
_________________________, Texas, be and they hereby are, authorized to negotiate a loan from BAPTIST CHURCH LOAN
CORPORATION in the amount of $ , all in accordance with form of application for such loan exhibited at this meeting, which funds
are to be used for the purchase of land to be used for church purposes, for the erection, improvement or purchase of a church or
educational building, or mobile chapel of said Church, or for refinancing existing debt related to the church land and facilities , and
RESOLVED that any _____ or all of said Trustees, in behalf of said Church be, and they hereby are, authorized to sign such application
for said loan, to execute the Note evidencing same, and a Deed of Trust or its equivalent covering the properties of the Church as
security therefore, with or without additional security as BAPTIST CHURCH LOAN CORPORATION may require; And Be It Further
RESOLVED that said Trustees be, and they hereby are, authorized to execute such additional instruments and do such other things as
may be by them deemed necessary or desirable in the consummation of said transaction and the completion of the negotiations for said
loan.
I, the undersigned, _________________________, Secretary of ________________________________________________,
__________________________, Texas, hereby certify that the above and foregoing is a true and correct copy of a resolution adopted
at a regular business meeting of said Church held on the __________ day of ____________________, 20________.
PLEASE TYPE OR PRINT THE NAME OF EACH TRUSTEE BELOW:
IN TESTIMONY WHEREOF, witness my hand as Secretary of said Church this ____________day of ____________________,
20________.
______________________________________________________
(Legal Name of the Church)
______________________________________________________
______________________________________________________
Signed _______________________________________________
Church Secretary
To Be Completed by Local Association
We, the _____________________________________________ Baptist Association certify that the applicant church is a member in
good standing of this Association.
Signed _________________________________________________
Date _______________________________ Position (DOM or Moderator): _____________________________
Send completed Application to your local Association for Certification.
You may mail a copy to
Baptist Church Loan Corporation * 333 N. Washington * Dallas, TX 75246
Phone 214-828-5140 * Fax 214-828-5143 * www.baptistchurchloan.org