The Church Financing for the Church Of God In Christ has partnered with Griffin Church Loans to provide loans to all churches affiliated with Church Financing for the Church Of God In Christ. Griffin has been serving churches since 1999 and in that time they have closed over $1.25 Billion in loans to churches. They offer loans ranging from $75k up to $35mm for the purchase, refinance, renovation and construction of church properties.
Griffin offers many different loan options for churches including but not limited to:
- 5, 7 and 10 year fixed loans with 20, 25 and 30 year amortizations.
- Fixed loans with no balloons for 10, 15, 20 , 25 and 30 years.
For churches facing foreclosure, bankruptcy and other serious issues they offer flexible terms and interest only payments. A chance to get back on their feet.
The loan programs do not normally require any personal guarantees.
General Underwriting Guidelines:
- Loan to value up to 80%
- Loan amounts from $75k to $35mm
- Must be in operation for at least 3 years
Griffin’s process is fast and streamlined which generally allows answers to be provided in one business day. Simply download the one page application HERE and return it to JohnB@churchloans.net along with the last three years profit and loss statements for the church. If you have balance sheets for the prior three years please also send those. If you would prefer to fax the documents, please send them to the attention of John Berardino to
You will immediately be assigned to a loan officer, contacted within 24 hours with different options available. There are no obligations or upfront costs.
If you would prefer to speak with a loan officer prior to completing the application, please call:
The partnership is being overseen by the President of Griffin Church Loans, John Berardino.