Loan Qualifications

Qualifications

The BCLC accepts loan applications from Baptist churches, which cooperate with their local Baptist association or their state Baptist convention, and from BCLC Supported Churches as defined in our Vision, Mission, & Core Beliefs. The BCLC provides loans for new construction, remodeling, parking, land, facilities, and refinancing.

Loan Information

New loans are fully amortizing, fifteen year term notes that adjust annually at the current BCLC lending rate. To learn more about the current BCLC interest rates, call 844-273-7713 for information on low one-year, three-year, and five-year options.

The BCLC takes a first lien on all church land and improvements. The maximum loan to value is based on the size of the loan and ranges from 60% to 75%. The BCLC debt ratio is calculated by dividing total proposed debt service by undesignated tithes and offerings. The maximum debt ratio is based on the size of the loan and ranges from 25% to 30%.

*The church must submit a completed BCLC loan application and be cooperating with their local Baptist association, their state Baptist convention, or a BCLC Supported Church as defined in our Vision, Mission, & Core Beliefs. Loan approvals are not based solely upon financial ratios. The BCLC also looks at other areas such as: leadership, ministry impact, commitment of the members, growth potential, and church location when reviewing loan requests.

BCLC ECFA accredited seal

Contact BCLC
(844) 273-7713 Toll Free
(214) 828-5140
Email Loan Questions
8333 Douglas Ave., Suite 1460
Dallas, TX 75225
Office: 8 a.m. - 4:30 p.m. CT


BCLC ECFA accredited seal

Contact BCLC
(844) 273-7713 Toll Free
(214) 828-5140
Email Loan Questions
8333 Douglas Ave., Suite 1460
Dallas, TX 75225
Office: 8 a.m. - 4:30 p.m. CT

Upcoming Events

 

Timothy Barnabas

Atlanta, GA - March 4-6 and 6-8, 2019
Gatlinburg, TN - March 19-21, 2019
Palm Springs, CA - September 3-5, 2019
Branson, MO - September 18-20, 2019

2019 SBC Annual Meeting

Birmingham, AL
June 11-12, 2019

2019 Texas Baptists Annual Meeting

Waco, TX
November 17-19, 2019

 

Previous Events

 

2018

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Tennessee Baptist Mission Board Annual Convention

West Jackson, Tennessee

November 11-14, 2018

 

South Carolina Baptist Annual Convention

Charleston, SC

November 13-14, 2018

 

Alabama Baptist Annual Convention

Huntsville, AL

November 13-14, 2018

 

North Carolina Baptist Annual Convention

Greensboro, NC

November 5-6, 2018

 

Exponential Conference

Houston, TX

October 24-25, 2018

 

Essential Church Conference

Colorado Springs, CO

September 25-27, 2018

 

Texas Baptist Annual Convention

Arlington, Texas

July 29-31, 2018

 

Southern Baptist Conference of Associational Leaders

SBC Convention - Dallas, Texas

June 2018

WMU Annual Meeting 2018

SBC Convention - Dallas, Texas

June 2018

BGCT Executive Committee 

Dallas, Texas

February 2018

Truett Seminary

Baylor University - Waco, Texas

February 2018

Houston Church Planting Network (HCPN)

Houston, Texas

January 24, 2018

Timothy Barnabas Conference (Atlanta One)

Atlanta, Georgia

March 5-7, 2018

Timothy Barnabas Conference (Atlanta Two)

Atlanta, Georgia

March 7-9, 2018

Timothy Barnabas Conference (Gatlinburg)

Gatlinburg, Tennessee

March 20-22, 2018

GuideStone Employee Benefits Summit

Dallas, Texas

March 26-28, 2018

Southern Baptist Conference of Associational Leaders (SBCAL)

Dallas, Texas

June 10-11, 2018

2018 SBC Annual Meeting

Dallas, Texas

June 12-13, 2018

Tennessee Baptist Mission Board Annual Convention

West Jackson, Tennessee

November 11-14, 2018

 

South Carolina Baptist Annual Convention

Charleston, SC

November 13-14, 2018

 

Alabama Baptist Annual Convention

Huntsville, AL

November 13-14, 2018

 

North Carolina Baptist Annual Convention

Greensboro, NC

November 5-6, 2018

 

Exponential Conference

Houston, TX

October 24-25, 2018

 

Essential Church Conference

Colorado Springs, CO

September 25-27, 2018

 

Texas Baptist Annual Convention

Arlington, Texas

July 29-31, 2018

 

Southern Baptist Conference of Associational Leaders

SBC Convention - Dallas, Texas

June 2018

WMU Annual Meeting 2018

SBC Convention - Dallas, Texas

June 2018

BGCT Executive Committee 

Dallas, Texas

February 2018

Truett Seminary

Baylor University - Waco, Texas

February 2018

Houston Church Planting Network (HCPN)

Houston, Texas

January 24, 2018

Timothy Barnabas Conference (Atlanta One)

Atlanta, Georgia

March 5-7, 2018

Timothy Barnabas Conference (Atlanta Two)

Atlanta, Georgia

March 7-9, 2018

Timothy Barnabas Conference (Gatlinburg)

Gatlinburg, Tennessee

March 20-22, 2018

GuideStone Employee Benefits Summit

Dallas, Texas

March 26-28, 2018

Southern Baptist Conference of Associational Leaders (SBCAL)

Dallas, Texas

June 10-11, 2018

2018 SBC Annual Meeting

Dallas, Texas

June 12-13, 2018

BCLC Church Lending logo image