Church Construction Loan Documentation Guide: What You Need to Know.

If your church is planning a new construction project, securing financing can feel overwhelming. At Lulu Capital Inc., we specialize in connecting churches with private capital lenders to make the process seamless. One key to success is preparing the right documentation. This guide will walk you through what lenders typically require when applying for a church construction loan.

What Documentation Is Required for a Church Construction Loan?

Securing a church construction loan involves submitting detailed information about your church's financial health, organizational structure, and construction plans. Here’s what you’ll need:

Organizational Documents

Lenders need to verify your church’s legal status and governance structure. Be prepared to provide:

• Articles of Incorporation or Organization

• Bylaws or constitution

• Proof of tax-exempt status (e.g., 501(c)(3) certification)

• A board resolution authorizing the loan application

  
  

Financial Records

Demonstrating your church’s financial stability is critical. Lenders will typically ask for:

• 3–5 years of financial statements (balance sheets and income statements)

• Current and projected budgets

• Contribution reports detailing tithes and offerings over the last 12–36 months

• A debt schedule showing existing obligations

• Recent bank statements (3–6 months)

  
  

Construction Project Documents

To evaluate the feasibility of your project, lenders need:

• Detailed blueprints and site plans

• A comprehensive construction budget from your contractor

• A signed builder’s contract

• Proof of permits and zoning compliance

• An appraisal of the completed project’s value (if required)

  
  

Capital Campaign Information

Church construction loans often rely on fundraising. Be ready to share:

• Details of any active or planned capital campaigns

• Pledge reports showing committed and collected funds

• An overview of your congregation’s donor base and giving trends

  
  

Collateral Information

Lenders will require documentation related to the property:

• The deed for the land where construction will occur

• Title insurance to confirm ownership

• A land survey showing boundaries and easements

  
  

Membership and Leadership Data

Lenders may request:

• Current membership numbers and growth trends

• Biographies of church leaders and board members

  
  

Other Requirements

Depending on your project, lenders may also ask for:

• A feasibility study assessing the project’s viability

• Environmental reports (if applicable)

• Proof of insurance, such as general liability or builder’s risk policies

  
  

How Lulu Capital Inc. Can Help

Navigating the complexities of church construction loans doesn’t have to be stressful. At Lulu Capital Inc., we work as private capital brokers to find the best loan options for your church. Whether you need a long-term fixed-rate loan, an interest-only bridge loan, or a construction-to-permanent financing solution, we can match your church with the right lender.

Get Started Today!

If your church is ready to take the next step, Lulu Capital Inc. is here to help. Call us or fill out the contact form below to schedule a consultation. Let’s make your church’s vision a reality with the financing it deserves.

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