Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Are guarantors required?

guarantors
0
Posted

Are guarantors required?

0

Guarantors are required any time the borrower is a for-profit corporation. Anytime a denomination owns the property and the local church will actually be making the payments, the local church will need to sign as guarantor.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.