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In an age when most churches are growing to capacity in their present facilities, it should be comforting to know there is experienced help in the church financial arena.
One thing we have learned is that most church congregations do not have the proper knowledge of financing church loans. Since we live in an age where more and more churches are seeking financing, this can present a real problem.
One major problem is most lenders know that churches are not familiar with this type of financing. This makes them easy prey for junk fees, points, and less than great rates and terms. A common practice is a 3 to 5 year balloon. This insures repeat business, with repeat fees, because the principal balance is never paid off. Another problem is the so-called need for personal guarantors. This requires someone to be personally responsible for repayment of the loan in case of default.
We work very closely with religious organizations to advise them on their options. Most of our religious products are No Personal Guarantees & No Prepayment Penalties. If your church is considering financing, we would love the opportunity to serve your mortgage needs. There is no minimum or cap on loan amounts. 
For the Church in need of expansion we can offer:
- Construction loans for church projects
- Up to 100% financing on Church Day Cares and Church Schools
- We can help with building purchases, expansions, & additions
We also offer free financial workshops to church congregations. These workshops will provide information on debt consolidation, home equity lines of credit, different types of mortgages, and retirement investment opportunities and options.
Give us a call and we will mail you out an information package on church financing. We look forward to speaking with you and serving your church financial needs.
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