Quick Church Loan Closing
Griffin Capital Funding has been closing loans for churches all over the country for the past 20 years. The cornerstone of the company is to help put every church that we can in a better financial position than when they come to us. Griffin Capital specializes in church loans, so we understand the unique finances of churches. This enables us to provide one business day analysis, fast approvals, and quick church loan closings.
Quick Church Loan Closings- Griffin Capital’s Stories
Recently, we were contracted by two churches facing time constraints, so we went above and beyond to help them with their situations. We wanted to provide a quick church loan closing for each of them.
The first church was from Warner Robins GA. We were able to close their loan in 24 days, yes, you heard that correctly, 24 days! The church came to us to refinance their ballooning loan. Their current mortgage was an owner held loan and was set to have a significant interest rate increase if the church did not find a new lender quickly. Our loan officer, Sonq Quichocho, worked diligently with the church’s team to quickly and efficiently get a loan approval from underwriting in two days. From there, the closing date was set.
A church in Clarksville, TN, had waited long enough to purchase their first home. They had been leasing their worship space for 23 years and decided to buy it. During the years that they were preparing to buy their home, the congregation grew steadily. They worked on saving money for their future purchase. Once they were ready, they found us. We provided a quick church loan closing and now they own their sanctuary.
Griffin Capital- Your Expert in Church Loans
Griffin Capital Funding offers 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 long term fixed rate church loans.
If your church or another church you know needs a quick church loan closing and is interested in learning more church mortgages to refinance, purchase, renovate and construct buildings, then please call 800-710-6762 to speak to a loan officer.