Church Refinance Loans
We offer refinance loans for churches that are looking to improve their current interest rate, have a loan coming due or are being required to leave by their current lender.
Types of Church Refinance
We offer four types of Church loans for refinance:
- Fully fixed rate financing with 15, 20 and 25 year fixed rates and no balloons.
- Five, seven and ten year fixed loans with 15, 20 and 25 year amortizations.
- Three year interest only loans for churches that are in trouble or need a very quick loan.
***Not all programs are available in all areas.
Benefits of Griffin’s Church Refinance
Most of our church refinance loans have the following benefits:
- No personal guarantees
- No tax returns
- No Audited Financial Statements
- Loan amounts from $75,000 to $30,000,000
***Not everyone is approved for a loan, equal opportunity for all.
What is the Loan Process?
- You can apply online for a loan, our application takes less than two minutes to complete and it will give us a good but quick understanding of your church. You can also call us toll free at 800-710-6762 XT. 1 for sales.
- Once we have your application, one of our analysts will review it and send you a quote with what we can offer.
- Once you approve the proposal we will gather the remaining documents we need and then prepare the credit memo and submit the loan to underwriting for approval.
- When the loan is approved the due diligence items like the appraisal and title work will be ordered and completed.
- The closing date is set and the loan is closed.
Our Motto is simple and clear: Tell them honestly, charge them fairly and close them quickly.
If your church is looking for a loan, we want to help, our advice is free whether we provide the financing for your project or not.