Church Mortgage Denial
Griffin Capital helps hundreds of churches across the United States each year. Over the past 20 years, we have closed over $1.5 Billion in church loans. Our goal is to help every church that needs financing. Unfortunately, some slip through the cracks, like churches with bad credit. So, we started a private money division to help churches in difficult situations including those with bad credit. Thanks be to God that we have had tremendous success. We have been able to save churches from foreclosure and bankruptcy.
But what about the churches that don’t’ find us? Those who accept “no” from their local banks and give up due to a church mortgage denial? Those who don’t know we are an option? Griffin Capital Funding specializes in church financing, and we understand what churches face when looking for a loan. Griffin Capital wants to prevent these churches from another church mortgage denial.
Church Loan Closing: Griffin’s Stories
Recently, we closed a loan in Connecticut for a church that couldn’t find a loan. They felt defeated and were about to end their search when they found us. We were successful, closed their loan, and they are now moving into their first home!
We also helped a church in Texas, that went to a bank that they trusted, and they received a church mortgage denial. They had a banking relationship, so the last thing that church expected was a “no”. The church needed to build an addition to accommodate their growing congregation. A last-ditch effort led them to Griffin Capital, and we closed their loan.
Griffin Capital sees so many churches on the brink of giving up on their refinance, construction, purchase, or debt consolidation. We feel so blessed that some of them find us, but we need help spreading the word. If you know of a church that feels backed into a financial corner or one that just can’t find a new loan, please tell them about us.
Griffin Capital Funding does have a church loan referral fee program. For every loan that we close from a church loan referral, we will pay ½% of the loan amount, up to $10,000 per referral.
We want every church to achieve its goals. We offer a variety of church loan programs, so we have options for churches of all sizes. For churches with excellent credit and who meet the qualifications, we can provide 30-year fixed rate loans with no balloons. If 30-year fixed loans are too long for your church, we also offer 10, 15, 20- and 25-year fixed church loans. If you know of a church interested in learning more about our loan programs, please call 800-710-6762 to speak to a loan officer.