Dallas Baptist Association: Loans and other Financial Help


Building Loans and Grants Dallas Baptist Association does not offer loans. However, we would be happy to talk with you about other organizations that might be helpful. Below are a few of those resources. The information is current at the time it is posted. You'll certainly want to talk with the organizations personally to confirm all details, though. Please contact the Church Planting Department if we can be of further help: 214-319-1164 or churchplanting@dba.net.
Baptist General Convention of Texas Resources for building construction and remodeling through the Baptist General Convention of Texas Small Church Matching Grant $5,000 grant matches $5,000 raised by church. Church 5 years or older 100 or less in worship attendance $100,000 or less in annual church income $200,000 or less construction project cost One time eligibility Contact: Karen Young, BGCT Church Architecture, 214-828-5135 Small Church Loan $25,000 loan, 6% interest or half of prime, whichever is greater. 10 year term, $277 per month payment 100 or less worship attendance $100,000 or less annual church income $200,000 or less construction project cost 30% maximum monthly debt ratio $900 per month church income required Contact: Karen Young, BGCT Church Architecture, 214-828-5135 Smith Loan Maximum loan - $7,500 Maximum repay - 6 years @ ½ prime 30% maximum monthly debt ratio Contact: Karen Young, BGCT Church Architecture, 214-828-5135 Baptist Church Credit Union Click here for a helpful "Church Loan Planbook," which is informative regardless of the source of your loan. Contact: Baptist Credit Union 672 Ridge Hill Drive, Suite B New Braunfels, Texas 78130 phone: 830-608-0696 fax: 830-608-1277 email: ROrr@baptistcu.org web: www.baptistcu.org			North American Mission Board Click here for a list of loans available through NAMB's Church Finance Ministry (CFM). "CFM offers a full array of loan programs to qualified SBC churches. These programs encompass: construction loans; small unsecured loans; refinancing of existing church debt; as well as permanent financing for 20-year mortgage loans. "In addition to loan programs offered by CFM, we maintain a database of both Baptist and secular lenders who have a desire to provide financing for Southern Baptist Churches." Contact: Ray Clark, Regional Coordinator NAMB Church Finance Ministry 1-888-519-5019 817-706-8259 rclark@namb.net www.churchfinanceministry.com Oldham Little Church Foundation $3,000 to $5,000 grant For information: Oldham Little Church Foundation 14090 SW Freeway, Suite 270 Sugar LandTX 77478-3683 phone: 281-565-1776 fax: 281-565-1876 Baptist Church Loan Corporation Loans from $25,000 to $3 million. Click here for more information. Available to churches who cooperate with their local Baptist association and their state Baptist convention. Contact: www.baptistchurchloan.org