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CHURCH LOAN BLOG

How Much Does It Cost to Refinance a Church?

Each church has its own expenses, such as building or repairing, that the community has to bear. You might ask yourself how much it costs to refinance a church and get a new mortgage with lower rates. First, think about your income and expenses. Are you making enough money to make ends meet, keep your … Read More

How to Buy a Church Building?

Buying a church building is an exciting, but daunting step in your ministry. Perhaps this is an expansion of your current church, building a satellite location; maybe this is an upgrade from a building you’ve outgrown; and maybe it’s a completely new church that you’re just starting. No matter which way you come to this … Read More

Church Loans Made Easy

Has your church assessed its financial needs recently? The interest rates we are offering churches are some of the lowest in history.  Whatever the reason your church is looking for a church loan, we have organized the steps that you need to take to make it happen! 1. Recognize the need: Refinance- Does your church … Read More

Church Finances 101

Are you feeling overwhelmed with your church’s finances? Or perhaps you don’t even know where to begin? That’s only natural given that most churches’ finances are handled by volunteers, pastors, or a member of the congregation who may not have the accounting and financial knowledge to manage them. The only exception is if you’re a … Read More

How to Choose the Right Building for Your Church?

Are you looking for information on how to choose the right building for your church? If you are, you’re at the right place. Finding the right building for your church is a crucial first step in establishing a successful church plant that effectively engages and inspires church-goers and attracts new people from the community. Ideally, … Read More

What are the Guidelines for Church Underwriting?

When deciding whether or not to give a church a loan, there are several things that a lender will look at as they make their decision, whether for a new loan or refinancing. It can be frustrating when you’re trying to run a church and do good work for your community, but financial problems are … Read More

Pitfalls to Avoid When Considering Church Construction Loans

“Go and tell my servant David, ‘Thus says the Lord: Would you build me a house to dwell in?” So you’ve decided to build a new church structure–maybe a chapel or a gymnasium or a family center or a community building. This is a righteous desire: you’ve seen a need and you want to fill … Read More

7 Benefits to Consider For Refinancing a Church

In a paradisiacal world, we wouldn’t have to think about church finances–we could put all of our efforts into ministering and praising. But until that day comes, we must deal with things of the mortal realm, and one of those is money. As leaders of churches, we are blessed with a humbling gift, which is … Read More

Effects of COVID-19: Review Your Church’s Financial Needs Now

Fall is almost here and what a year it has been so far! The economy and churches will feel the effects of the COVID-19 virus for quite some time to come. The good news right now is that the Federal Reserve is not raising interest rates in an effort to support the economy during its … Read More

COVID-19 Church Financing Best Practices During Pandemic

There are very legitimate reasons for churches to worry about solvency during the COVID-19 pandemic. While there are many larger churches that have strong financial resources, many smaller churches and congregations struggle to make ends meet during the crisis. If you want a harsh blow, Bill Wilson of the Center for Healthy Churches predicts that … Read More

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