Basic requirements for loan consideration include:

• Project of construction or renovation to church facility.
• Debt to income ratio can be no more than 25% of budget.
• Cash on Hand: Must have 25% of the cost of the project.
• Cabinet must give their recommendation of your loan application prior to submitting to the Loan Committee.
• No provisions are given for parsonage loans.
• There is no prepayment penalty.

Conditional Grants will be considered under the following circumstances:

1. Projects or repairs required for health and safety or mandated by code requirements, where the local church is unable to provide all of the funds needed.
2. To provide supplemental funding for projects that are ready for implementation and additional funding is needed.

The grant request must be processed through the Cabinet for their preliminary review and recommendation before the Conference CLC can give the matter consideration.

The District Board of Church Location and Building must also be consulted.