Our lenders understand that Churches are no longer simply a place to meet on Sunday morning. Today they have become a place where you can worship, fellowship, and educate. Churches empower the community. By offering conventional and non-conventional funding alternatives, we are able to secure financing for church related projects including daycares, schools, community centers, etc.

Our broker fees are among the lowest in the industry and are paid out of loan proceeds at closing. We are either compensated when the loan is funded, or not at all, in which case we attribute our time and effort to serving the Kingdom.

We do not represent the lending community. We represent you, the church community. BHW is committed to providing you with responsible and competitive financing options.

Our providers lend from $250,000 to $300 million for 1 to 40 year terms.

Pre-qualification Items Needed:

1) The purpose of the application and a description of the project:
      a. Refinance, purchase, land acquisition, onsite expansion or any combination of these
      b. Approximate loan amount
      c. General description of current and future building phases
      d. Summary of proposed sources for project funding

2) Financial Statements
      a. Three years of financial statements including balance sheets
      b. Description of past, present or contemplated pledge campaigns
      c. Interim balance sheet and income and expense statement less than 60 days old

3) Church History
      a. Year founded
      b. Denomination, if any
      c. Senior pastor's biography
      d. Current schedule of worship services
      e. Three year history of attendance
      f. Brief description of location and church mission
      g. Be prepared to provide color picture of the inside and outside of the property

Things to consider when applying for a loan:

• Number of members (100 or more is ideal)
• Can we afford the payments? Mortgage payments should represent 33% or less of the church's gross annual income.
• Most lenders will provide a loan for 75-80% of the property's value. If there is not sufficient equity in the property, the lender will require the church to provide the remaining 20-25% when making a purchase.

Our church financing application addresses all of the items that lenders need. Please contact us via phone or email to request an application. Upon receipt of your completed application, one of our loan originators will contact you to provide you with your choices.

E-mail: information@byhisword.com or 888-271-5499

  Church/New Jersey
  Construction
  $1,300,000

  Church/Ohio
  Refinance
  $1,200,000

  Church/Florida
  Construction
  $20,000,000