Exhibit 31.1


                              OFFICER'S CERTIFICATE
                             PURSUANT TO SECTION 302

I, Philip J. Myers, certify that:

1.   I have  reviewed  this  quarterly  report on Form 10-Q for American  Church
     Mortgage Company (the "Company") for the period ended March 31, 2008.

2.   Based on my knowledge,  this  quarterly  report does not contain any untrue
     statements of a material fact or omit to state a material fact necessary to
     make the statements  made, in light of the  circumstances  under which such
     statements  were made, not misleading with respect to the period covered by
     this report;

3.   Based  on my  knowledge,  the  financial  statements  and  other  financial
     information included in this report fairly present in all material respects
     the  financial  condition,  results  of  operations  and cash  flows of the
     Company as of and for, the periods presented in this report;

4.   I am responsible for establishing and maintaining  disclosure  controls and
     procedures  (as defined in Exchange Act Rules  13a-5(e) and 15d-15 (e)) for
     the Company and have:

     (a)  Designed  such  disclosure  controls  and  procedures,  or cause  such
     disclosure controls and procedures to be designed under my supervision,  to
     ensure that  material  information  relating to the Company,  including its
     consolidated  subsidiaries,  is made  known to me by  others  within  those
     entities,  particularly  during the  period in which  this  report is being
     prepared;

     (b) Designed such internal control over financial reporting, or caused such
     internal  control  over  financial   reporting  to  be  designed  under  my
     supervision,  to provide reasonable  assurance regarding the reliability of
     financial  reporting  and  the  preparation  of  financial  statements  for
     external  purposes  in  accordance  with  generally   accepted   accounting
     principles;

     (c) Evaluated the  effectiveness of the Company's  disclosure  controls and
     procedures  and  presented  in  this  report  my   conclusions   about  the
     effectiveness of the disclosure  controls and procedures,  as of the end of
     the period covered by this report based on such evaluation; and

     (d) Disclosed in this report any change in the Company's  internal  control
     over  financial  reporting  that occurred  during the Company's most recent
     fiscal quarter that has  materially  affected,  or is reasonably  likely to
     materially affect, the Company's internal control over financial reporting;
     and

5.   I have disclosed,  based on my most recent  evaluation of internal controls
     over financial reporting, to the Company's auditors and the audit committee
     of the Company's  board of directors (or persons  performing the equivalent
     functions):

     (a) All significant  deficiencies and material  weaknesses in the design or
     operation  of  internal   controls  over  financial   reporting  which  are
     reasonably  likely to  adversely  affect the  Company's  ability to record,
     process, summarize and report financial information; and

     (b) any fraud,  whether or not material,  that involves management or other
     employees who have a significant  role in the  Company's  internal  control
     over financial reporting.

         Dated:      May 15, 2008

                                              By:  /s/  Philip J. Myers
                                                   -----------------------
                                                   Chief Executive Officer and
                                                   Chief Financial Officer