Closing Stories at Lower Interest Rates
Interest rates have been climbing over the past year, but Griffin Church Loans is still lowering interest rates for their church loans. The result: thousands saved and churches lifted to stronger financial positions. Church Refinance- Griffin’s Stories: In Texas, we closed a church refinance for a church that had a seller held interest only loan … Read More
Church Renovation
Just like your home, church buildings need to be maintained. Whether it is to modernize an older church or make repairs, church renovations can be costly and sometimes require financing. When a church comes to Griffin Church Loans for their church refinance, they often request a cash out for these repairs. We see many requests … Read More
Long Term Fixed Rate Loans
This just in…Griffin Church Loans has closed another 20-year fixed interest rate church mortgage!!! This may sound like fake news, but we can assure you that it is not. We continue to see loan requests from churches across the country that would love to secure a long-term fixed rate loan. Many of the churches have … Read More
Mortgage to Buy a Church
Churches purchasing their first home- what a cause for celebration! We see many requests for mortgages to buy a church. Every church is excited to buy their own sanctuary, whether it be their first home or to accommodate growth. We are always honored to play a role in the process. Mortgage to Buy a Church … Read More
Church Capital Funding Campaign
The decision to purchase, construct, or renovate a church building is usually part of a bigger overall plan. For most churches, this starts out with discussions around the needs of the church. The discussion is based on expected growth, required upkeep of the building and cost. If the church decides that it is time to … Read More
Church Mortgage Denial
Griffin Capital helps hundreds of churches across the United States each year. Over the past 20 years, we have closed over $2 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 … Read More
Church Construction Loans
Church construction loans come in all sizes, and Griffin Church Loans can help no matter the budget. Many churches are preparing for construction projects. We are here with some tips to help them be successful. Church Construction Loans: Tips for Success Start by understanding how much the church can afford to borrow. The most common … Read More
Church Loan with Longer Term Fixed Rates
Many churches come to us in search of a church loan with longer term fixed rates. Most church loans carry a 5-year term, then they need to be either paid in full or refinanced. To complicate matters, lenders do not always want to renew church loans for a variety of reasons. So, church leaders find … Read More
Leased Church Building
Often, we find something that we are not quite sure about in the beginning but fall in love with in the end. We have seen a recent trend with our loans with churches that have leased church buildings and then decide to purchase them as their permanent homes. Why is now the right time? Interest … Read More
Church Mortgage Renewals
Many people do not understand the hard work that church leaders put into keeping their churches financially healthy. A major component of financial stability resides within their church mortgage renewals and recognizing the need for a mortgage. Any mortgage that a church accepts is a commercial loan and although we offer fixed loans up to … Read More