BDM Mortgage Services
Church Loan Financing Specialists of California
 
BDM Mortgage Church Loan Mortgage Services of California
 
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Church Loan Requirement Checklist
 
The following items are required by BDM Mortgage Services in order to process a Church loan.
  1. Copy of Articles of Incorporation.
  2. Copy of Church By-laws.
  3. Fire insurance information on property.
  4. Photocopies of last 12 months' bank statements.
  5. Letter of Resolution: A letter on Church stationery authorizing BDM Mortgage to arrange the loan, stating the amount of the loan and who is authorized to sign on behalf of the Church. This letter must be signed by a member of the Church who is not signing the loan documents.
   
     
  6. Names and addresses of Board of Directors.
  7. Information on any existing mortgage(s) on Church Property. Name, address and phone number of lender as well as loan number and outstanding principal balance.
 

If you are unsure about an item on this list, or would simply like further clarification of what is required in order to process your loan, please don't hesitate to Contact Us with any questions you might have about the loan process.

 
 
 
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BDM Mortgage - Church Loan Financing Specialists of California