When Should You Refinance Church Mortgage?
When churches need money for big projects like a building expansion, they use their existing property to take a loan (mortgage). The new mortgage includes the amount of money that was already mortgaged (if there was a previous mortgage) plus the amount needed for the expansion. There are other reasons to seek a refinance including … Read More
Church Mortgage: Common Challenges and Solutions
Many Americans faithfully pay their tithes, offerings, and other donations to their Church. For example, about 10 million tithers give $50 billion annually to churches and other non-profits. Unfortunately, however, these hefty amounts don’t provide sufficient funding for Churches in the US. Therefore, church leaders often resort to financing solutions such as mortgages for their … Read More
Top 5 Things You Should Look for in a Church Mortgage Lender
In order to continue the mission of your church, you may be looking to find a larger space to accommodate the growth of your congregation. One of the first things to do in circumstances like these is to find a church mortgage lender. However, the world of lending can be a confusing place. And when … Read More
Church Mortgage Rates
November is the month to be thankful for family, friends, and all the positive things in our lives. At Griffin Capital, we are grateful and so blessed to help all the churches that we do every year. To that end, the last quarter of 2020 is bringing lower church mortgage rates and competitive loan terms … 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 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 … 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
Church Mortgage Refinance
Fall is here, and we are still seeing a strong trend in refinancing church mortgages. Many churches are finishing up their fiscal year, and they are looking at their budgets for 2019. Maybe these churches want to finish the year strong, maybe they want to go into 2019 saving money, or maybe they have a … Read More
Mortgage Loans to Churches
Griffin Church Loans is the place to go for mortgage loans to churches. We have loan programs for churches of all sizes. We also have long-term fixed rate options as well. Furthermore, we are a nationwide company that specializes in church loans. We understand the intricacies of church budgets. Griffin Capital has successfully closed mortgage loans … Read More
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