Construction and Building Loans from a Christian Ministry

Church loans from The Baptist Foundation of Oklahoma help build local ministries while serving the higher calling of the Southern Baptist church. Rather than funneling dollars to secular organizations, Foundation loan recipients receive competitive loan rates while keeping their money within the Baptist ministry.The Foundation offers loans for new construction, facility renovation and expansion, and any other church-related purpose. And all of our church loans offer significant benefits, including:

All Interest Distributed to Kingdom Causes Interest paid on church loans through The Baptist Foundation of Oklahoma is distributed to more than 300 Southern Baptist ministries and charitable causes each year. In a typical year, almost $4 million in interest from church loans helps support Baptist and charitable organizations across Oklahoma, the nation, and around the world.

Competitive Terms and Interest Rates In most cases, the Foundation terms and interest rates are competitive, if not better, than other lending sources.

Low Closing Costs The only closing costs associated with the Foundations loan program are an Origination Fee, the cost of mortgage title, Insurance and a mortgage filing fee. The Foundation doesnt require a certified appraisal, a land survey of the churchs property, or EPA or other environmental reports.

No Prepayment Penalties We recognize that anytime a church borrows money, they want to get out of debt as quickly as possible. To that end, we never penalize a church for prepaying a loan.

Fast and Convenient Financing All that is required to begin the loan process is to submit a Church Building Loan application.

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Construction and Building Loans from a Christian Ministry