One of the secrets to getting the best church loan is in the preparation of the church financing package. Before your church approaches any Christian loan lender, for church financing, a complete financial package that will answer all the questions that the Christina loan lender may ask is a necessity. This is much more then just giving them some financial and attendance history. A complete church loan package will make the Christian loan lender feel more comfortable, and since church financing is heavily dependent on the perceived risk of the transaction, the better the information you provide at the beginning, the lower the perceived risk when making the loan.

This is why a church consultant can prove to be a valuable resource for the church. A church consultant understands the church financing arena and put you in a better position to obtain the needed church financing. Often times churches only have one shot at obtaining an approval for a church loan, very seldom will you have another opportunity from a particular Christian loan lender after a church loan has been denied. This is my initial preparation and understanding your qualifying church financing boundaries in essential.

A church consultant will not only help your prepare a complete church loan package but they will also allow you to explore you church loan options through multiple lenders. Remember; never put all you eggs in one basket. It is often a daunting task for a church to work with one lender let alone three to four simultaneously., but this is what is necessary to put your church in the best position with your church loan. Through the proper preparation of a loan package and years of experience a church consultant can provide you with multiple church loans from which to choose and all you have to do is work with a single individual to get this accomplished.

I would like to provide your ministry with a couple of tips when working with a church consultant. Most consultants or church loan brokers would never want to disclose this information but I feel my calling is to help churches through the financing process and thus I want to help you in any way possible.

1) Church loan consultants and brokers will generally charge between 1% and 3% of the loan amount for their services.

Note: We at Church 1st have never and will never charge over 1% for our services.

2) Make sure you understand in writing what the consultants gets paid , how (and who) pays them and when they get paid.

3) Never give a consultant/broker up-front money to secure a church loan. Not EVER, EVER, EVER.

4) Consider carefully how much you are being charged based on the amount of work that is being performed.

5) Make sure the church loan consultant/broker only earns a fee on a loan he/she gets for you.