Avoiding Church Funding Pitfalls


Avoiding Church Funding Pitfalls

As a leader in permanent Church lending since 1970, we at Share Financial Services can provide your Church with the benefits of our expertise in many areas which may help in avoiding church funding pitfalls that can cause delays in closing and funding your Church Bond program.

Environmental Issues

Share Financial Services has business relationships with experts who can assist your Church address environmental issues in as least costly and time-consuming manner as possible. We ask our borrowers to complete a Questionnaire and Disclosure Statement regarding the history of the property and will conduct a Data Search and Site Survey in order to save your Church as much money as possible with an environmental study.

Title Issues

Your Church should work with an attorney experienced in title issues. In some cases, the local Church congregation doesn’t hold the deed to the Church property, but the regional or national denomination may hold the Church property in trust. Sometimes the land a Church is built on has deed restrictions attached, or reverts back to the previous owner should the property cease to be used by a Church. And, don’t forget to find out how the property is zoned. If the buyer is not a church, the zoning may need to be changed. Share has developed strong relationships with national title insurance companies that can help resolve these issues as quickly as possible.


As the national leader in permanent Church lending, we at Share Financial Services have business relationships with a number of certified appraisers that specialize in appraising Church facilities. Existing as well as newly-constructed Church facilities are often appraised below their actual cost by appraisers not familiar with appraising Church facilities. Many lenders, particularly those that do not specialize in lending to Churches, may restrict the Church’s borrowing capacity through a loan-to-value requirement. An appraisal usually takes four weeks to complete.

Loan Disbursement

Share Financial Services allows the Church to complete their construction project with minimal supervision. Our consultants can assist the Church with procedures for invoice reviews, in an effort to help keep the construction project on track and hopefully avoid construction cost overruns.

These as well as other issues discussed on this web site should not be considered as tax or legal advice. The issues discussed here are only suggestions the Church should discuss with the Church’s tax and legal advisors, with whom you should always consult with prior to entering into any agreement.

Contact Martin Northern, Vice President of Share Financial Services, Inc. at (501) 316-3100, by email at mnorthern@sharefinancial.com or by clicking the Get Started link on this web site if your Church would like to consider a Church Bond program as an alternative to conventional financing. By simply answering the questions on the Get Started page, we can begin to assist you in the initial stages of launching your Church into a successful Church Bond program. After receiving the completed the form,  we will review your Church information and send you the official Share Financial Services, Inc. Preliminary Information Form and begin by assisting you and your Church with Share’s financial evaluation process.