Does every church qualify for a loan?
No, unfortunately not. We have lots of programs and we usually have something to help a church but not always.
What are interest rates right now?
Interest rates vary depending on many factors including: church credit, location, loan type, fixed term, amortization and other things. Right now interest rates are near all-time lows with some fixed rates being at or near 3%.
How long does it take to get a church loan?
It depends on the situation of the church and the type of loan but there are emergency situations where we have closed loans in as little as 10 days. This is an exception and is usually accomplished with our hard money product and is usually a situation where a church is being foreclosed on. Under … Read More
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