Step 1: Understanding your unique vision & needs
- Before getting started it is important that we know exactly what the church hopes to accomplish so we can provide the best track for connecting where you are and where you want to be
- Fill out a loan evaluation form
- Or, Contact a consultant directly
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Step 2: Analyzing your Financial Position
- Provide financial history of the church
- Last 3 years & Year-to-Date Income/Expense Statements
- Last 3 years & Year-to-Date Balance Sheets
- Current year operating budget (if available)
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Step 3: Application and Document Preparation
- Begin to collect the required documentation and complete our application
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Step 4: Choosing the best solution to meet your needs
- After analyzing the church's documentation and financials, Church 1st will provide you with a number of solutions that will meet your specific needs. It is then up to you to determine the best alternative.
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Step 5: Loan Submission, Approval, and Closing Once you have chosen the best alternative, Church 1st will assist your ministry through the process of pre-approval and closing, serving as the churches primary contact to answer any questions the lender may have and gathering any additional documentation that may be required.
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