CHURCH

 

 

 

 

 

 

 

LOANS &

 

First Contact Summary

INVESTMENTS

 

 

5305 I 40 West  79106-4759

PO Box 8203

Amarillo, TX  79114-8203

(800) 692-1111 / Fax (806) 358-1430

 

TRUST

 

 

 

www.churchloans.com

 

 

 

 

Traditional Church Financing Since 1959

 

 

Instructions

In order for us to serve you in the most efficient way, please fill out this form completely and press the submit button below. This form will be sent to the attention of:

 

                                                                                Mr. Robert E. Martin

                                                                                Senior Vice-President Lending
                                                                               
rmartin@churchloans.com

 

Please correspond via e-mail unless otherwise notified. Thank you for your interest and we will contact you after we receive this summary.                 

 


                                                                                              (Fields marked with * are required)

Name of Church *:  
Mailing Address *:    
City *:   State *:   Zip *:  
Physical Location:  
Contact Person *:   Phone*: Fax:
Contact Email *:          

 

Type of Financing Desired *:         
    New Construction   Refinance    
      Purchase   Renovation    

 

Financing Terms
Desired *:
       
       
         
Loan Amount *:  $  ( * Minimum Loan is $250,000 )  

 

Purpose of Loan *:    Purchase Money Refinance New Construction Renovation

 

Collateral Description
 (1ST  lien only):
 

 

Appraisal/ MAI or SRA Required:  As of what date?
 Appraiser Name:
 Phone:
 

 

 

* If No, must provide qualified third-party estimate or seasoned appraisal.

$
   

 

 

Annual Gross Income:  Current YTD *: $
   Prior Year 1 *: $
   Prior Year 2 *: $
   Prior Year 3 *: $

 

Operating Expenses:  Current YTD *: $
   Prior Year 1 *: $
   Prior Year 2 *: $
   Prior Year 3 *: $

 

Net Income:  Current YTD *: $
   Prior Year 1 *: $
   Prior Year 2 *: $
   Prior Year 3 *: $

 

Existing Long Term Debt *:  $  

 

Average Sunday Morning Attendance:  Current YTD *:
 Prior Year 1 *:
   Prior Year 2 *:
   Prior Year 3 *:

 

Important Ratios:
  • LTV not to exceed 66.6%
  (Gross Loan Amount/Appraised Value) = LTV
  • Maximum loan amount equivalent to 3.5 times annual gross income
  (3.5 x Annual Gross Income) = Maximum loan
  • Debt per Attendee should not exceed $ 3,000.00 
  (Total Debt/Average Sunday AM Attendance) = DPA


If there is some further information you would like to submit, please use the Text box below (500 character limit):

 


 

 

Press Submit button only once, then please wait for confirmation page to be displayed. This could take up to two minutes.

If you receive a Form Validation Error on the confirmation page, click the BACK button on your browser and correct the information.

After you receive the confirmation page, your information will be emailed directly to our office.

Thank you for taking the time to send us your request and we will be contacting you.

Church Loans & Investments Trust

 

                                             (press only once and wait for the confirmation page)                      (this will clear out the form)