Get Loan Application For Churches - Wesleyan Investment Foundation

This guide provides step-by-step instructions on how to complete the Loan Application For Churches from the Wesleyan Investment Foundation online. By following these clear guidelines, you can ensure that your application is filled out correctly and efficiently.

Follow the steps to complete your loan application online.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Begin by filling out the general information section. Include the church's name, federal tax ID number, address, and contact details. Ensure that all entries are complete and accurate.
3. Provide the financial information required, including financial statements for the past three years, the current year’s financial statements, and the church's budget.
4. In the loan request section, specify the amount of loan needed and select the loan term (5, 10, 15, or 20 years) that suits your needs.
5. If your church has a current building, fill out the corresponding sections, including details about its address, condition, seating capacity, and current value.
6. Address any additional properties owned by the church and provide necessary details about each.
7. Fill out the financial information section, attaching the required financial statements, and providing data on cash on hand and budget for the current year.
8. Complete the summary of outstanding debt section, listing all existing mortgages, loans, and their respective details.
9. Provide information regarding any building fund or capital campaign pledges, detailing amounts pledged and expected cash flow.
10. Fill in the attorney or title company information, ensuring that all contact details are complete and accurate.
11. Complete the denomination, conference, or district information, indicating any financial support expected from these entities.
12. Finally, ensure that all signatures are obtained from the relevant representatives before submission.
13. Once you've completed the form, save the changes, and download or print the document as necessary. You can share it with the relevant parties as needed.

Start filling out your Loan Application For Churches online today!