We, Griffin Capital Funding, have closed over 1,000 church loans for almost $1,000,000,000 (Billion) in total church loans . We are church loan experts, Inc. Magazine recognized us for our growth. Furthermore, President Obama awarded us the Presidents Volunteer Service Award for our service to churches.
We offer church loan products for churches that are in all stages of the credit cycle. Generally speaking, the stronger a church, the better their rates and loan terms. For a church that is strong and does not have any recent payment issues or problems, we offer church loans with 5, 7, 10, 15, 20, 25 and 30 year fixed rates and no personal guarantees. And, for those churches that are struggling and facing foreclosure or bankruptcy we offer lenient loan products that have interest only payments through our sister company, Griffin Church Loan Fund I.
What if your church has a strange financing situation? Griffin Capital Funding can be extremely creative, including providing 100% financing for the purchase of a property when the deal makes sense or closing a loan in two weeks like we did for Pastor Traylor at the Epicenter Church in Jackson, MS. Moreover, we are often presented with unique church financing requests like stalled construction projects and bankruptcy buyouts; we love a challenge, and we love to prove that we can do what others cannot. By the way, we have no upfront fees and one business day approvals.
Griffin’s motto is simple and clear: “Tell them honestly, charge them fairly, and close them quickly!” Our consultation is completely free, and once we review your information, we will provide you with a no strings attached, financing proposal if we can help. We are members of The National Association of Church Business Administration (NACBA). We offer church loans in most parts of the country but not everywhere, and not all products are offered in all locations that we service.
In the past few weeks, we have closed church mortgage loans for several churches that were refinancing their loans. The commonality is that all of these churches had a high-interest rate. They also needed cash out for repairs to their buildings. We understand that shopping for a new church mortgage loan can be a major undertaking. … Read More