financing real estate

michigan

i am considering loaning a small church the money to purchase
a building. the church is registered in both the state and fed
as tax exempt, not for profit. how can i insure my loan will be
repaid? in the event of a default who would be liable for payment
of the debt?

[HomeGuru]

Good question.
Have an attorney make sure that you have a first mortgage on the property. Then you will be secured and can foreclose and take the property in the event of default.