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Loan Qualifications

Church Loan Requirements

BCLC accepts loan applications from Baptist and like-minded 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.

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.

Supported Project Types

BCLC provides loans for new construction, remodeling, parking, land, facilities, and refinancing. Most property-related projects qualify as projects that BCLC supports. BCLC will use all church property as collateral for the loan.

Liens/Collateral

BCLC takes a first lien on all church land and improvements. The maximum loan to value permitted is 75%. This is typical of most church lenders and means that the requirement for a church loan is a 25% cash injection by the church into the project.

Loan Sizes and Terms

The minimum loan amount for a loan with BCLC is $500,000. New loans are fully-amortizing, 20-year term notes that adjust according to the interest rate option that was selected by the church at loan closing (one-year, three-year, and five-year rate options available).

Rates

Please call 844-273-7713 for our current 1-year, 3-year, and 5-year fixed interest rates. Rates are fixed for the elected term and will adjust to BCLC’s current rate on the adjustment date. Although the rate adjusts on the adjustment date, the loan is not due until the maturity date (i.e. the loan balance will be paid off over a 20-year period).

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Testimonial

Hear from the People We Serve

Pastors know that spreading word about BCLC also spreads the gospel. Check out these testimonials about our exceptional church loan services.

It felt like a true partnership with BCLC because our goals were their goals. We love that they put Christ first in the financial world and give churches as many advantages as possible.
Executive Pastor David VogelTwo Cities Church
BCLC has been with us since day one when we bought our first church. This is a calling for them. Not a business opportunity, but a ministry opportunity.

Senior Pastor Raul ElizondoNew Life at the Cross Church
We were considering two other loan offers when we heard about BCLC at the last minute. Not only was their product financially favorable, but they structured it to grow as we grow.
Lead Pastor Josh MillerCenter Church
If we had been working with just a bank, everything would have been much more difficult. Having a partner in prayer and encouragement meant so much to us.
Executive Pastor Emeritus Jamye CappadonnaGrace Point Church
Let’s just say that we’re One Church…and we have one church lender. We’re very happy about that.
Pastor Brannan DuncanOne Church
But we especially like what we saw in BCLC itself…how it kept overhead low and how its income was reinvested in helping other churches.
Pastor Nick SandefurPorter Memorial Baptist Church
I have spoken to quite a few pastors and church leaders about BCLC. Anytime I hear of a church looking to build, I tell them about our great experience.
Pastor Glenn SandiferMt. Pleasant Baptist Church
Being a pastor for only four years at the time, I knew very little about the church loan process. BCLC walked me through every step and made the process stress-free.
Pastor Pat CammarataCarpenter’s Way Church
God could have done this anyway, but we’re utterly convinced that the Lord decided to use BCLC to help us.
Pastor Kirk FreemanCrossbridge Community Church
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Kingdom Growth

Whatever your needs and ministry goals are, contacting us is the first step to achieving your vision and God’s plan for your church project. Let’s get started.

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God Has a Plan for Your Church. Ready to Grow?

There’s nothing more exciting than watching God’s plan for your church unfold. Let our church loan expertise of over 70 years help you get there.

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  • 8333 Douglas Avenue Ste. 1460
  • Dallas, TX 75225
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