Church Funding & Long Fixed Rate Terms
Not every church needs the same loan. We know that every loan request is as unique as the church that needs financing. To that end, Griffin Capital Funding has many church funding options and programs. This includes loans with long fixed rate terms.
We receive church funding requests from all over the United States.We help churches of all sizes, and we are not limited to certain markets. So, we have 5, 10, 15, 20, 25 and 30 year fixed rate options available.
Long Fixed Rate Terms | Griffin’s Stories
We just closed several church funding loans that carry long fixed rate terms. Below are the stories of two of these churches. One received a 10 year fixed rate and the other received a rate fixed for 15 years.
In Chesapeake, Virginia, we received a church funding request during the middle of a church’s construction. The church had started their project and costs began to pile up. The church found itself unable to finish the project. Rather than let their building sit unfinished, possibly for years, they decided to switch gears and find financing. They found Griffin Capital, and we closed their loan. They requested a 15 year fixed rate loan with no balloon and that is what we gave them.
We also received a church funding request from Sandy, Utah. The church wanted to refinance their loan and extend the interest term to a long fixed rate option.They were facing an upcoming balloon, so we were facing time constraints. Interest rates are rising. The church wanted to lock in a 10 year fixed rate with a 20-year amortization, That is what we gave them.
If you are seeking church funding with long fixed rate options, then give us a call at 800-710-6762. We can help you evaluate your financing needs for the loan that best fits your church.