firstbaptistloveland

Our Congregation

We are an American Baptist Community with a history of mission, ministry, and fellowship that has guided First Baptist Church since 1879.

 

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Our Beliefs

We believe in serving one another and providing loving & compassionate support to each other and our fellow man in the name of Jesus Christ.

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Get Involved

A big part of who we are is our fellowship with others and including you in our church family.  If you’d like to get involved with our congregation or our missions…

firstbaptistloveland

Weekly Message

Thoughts and messages to guide your week.

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Music

First Baptist is blessed to have a very talented Music Director and an exceptional choir that is a weekly wonder to witness.

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Missions

Missions have a long history at First Baptist.  We have done considerable work in our community as well as Central & South America.

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People of FBC

The people of First Baptist make up the family of that creates a sense of belonging for everyone here.

July 2024 Loan Rate

5.75% fixed for 5 years - 20 year amortization.

What are the benefits of a FBC loan

FBC provides low cost, easy to apply for church loans for construction or other capital projects. In most cases, the loans are for a 20 year amortization and no “balloon” payment is required (i.e. permanent financing). FBC is currently offering a rate of 5.75% fixed for 5 years.

How are FBC loans financed?

Most FBC loans are financed by bond investments. Simply put, God's people (individuals, churches) purchase FBC bonds, providing funding to the borrowing church or organization. As the loan is repaid, bond investors receive a fixed rate of interest. This process creates a win-win for the Kingdom! God's people have the opportunity to invest in Kingdom growth and the borrowing church can take heart in knowing that church funds are staying within the Church.

What are the loan criteria?

All FBC loans are secured by a first position mortgage on church property. We use a 50% loan to value maximum ratio (i.e. the church must have property that would cost twice as much as the loan to replace) and a 25% debt to income ratio (i.e. the church must have unrestricted gift income sufficient that the loan payment does not consume more than 25% of the offerings).

How long does the process take?

The FBC loan committee of the Board of Trustees typically meets to consider giving conditional approval approximately two weeks after receipt of loan applications. Following approval, FBC can typically close a loan within 30-45 days.