For over 150 years, the Baptist Foundation and its historical antecedents have been devoted to helping plant new churches in order to spread the Gospel. The Church Loan Program is part of that mission strategy.
First Mortgage loans are available to churches of the Baptist Convention of MD/DE that have exhibited loyalty, fellowship, and cooperation with the Convention and have participated in its Cooperative Program.
The church must show a consistent pattern of church finance and be located in an area that represents opportunities for building and maintaining a church. Loans are made for land acquisition and building financing. Priority is given to new work. Currently loans are made up to $600,000 at below market rates. Loans are usually made for a period of 60 months, but may be made for up to 15 years. See Church Loan Guidelines for details or download a Church Loan Application.
More information may be obtained by contacting the Foundation at 10255 Old Columbia Rd., Columbia MD, 21046, or by contacting Tom Stolle at (800) 466-5290, ext. 207, or [email protected]. We look forward to serving you!