Success Stories from Real Churches
Discover how churches like yours achieved their goals with Griffin Church Loans
Funded $123,000 purchase of a 2,653 sq. ft. facility to serve as meeting place and offices.
Deal Summary:
Griffin Church Loans provided Grace Church Mission International with a $123,000 purchase loan at 7.5% interest, 5-year term, 20-year amortization. The property sits on 2.63 acres and secures permanent stability for the congregation.
Provided $62,500 to acquire land for future church construction in Gambrills, MD.
Deal Summary:
Griffin Church Loans provided Christ Restoration Ministries International with a $62,500 land purchase loan at 8% interest, 5-year term, 15-year amortization. The church put down 50% toward the $125,000 property. With strong reserves and income growth, the purchase secures space for future expansion.
Financed the $283,000 purchase of a permanent worship facility in Baltimore.
Deal Summary:
Griffin Church Loans provided Open Door Fellowship with a $283,000 purchase loan at 7.25% interest, 5-year term, 20-year amortization. The 2,750 sq. ft. facility accommodates 100 seats. The church brought $320,000 in reserves plus $50,000 escrow, strengthening its financial profile.
Refinanced a short-term balloon note of $298,000 into a stable, long-term mortgage.
Deal Summary:
Griffin Church Loans provided Appointed Church with a $298,000 refinance loan at 7.5% interest, 5-year fixed, 20-year amortization. This eliminated a balloon payment due within 90 days and secured affordable monthly payments of about $2,400. With 6 acres of land, growing attendance, and $130,000 in reserves, the church is positioned for continued ministry growth.
Refinanced two hard‑money loans used to purchase the campus, stabilizing long‑term financing at 67% LTV on an estimated $900k property.
Deal Summary:
Griffin Church Loans refinanced $600,000 for Centro De Alabanza to pay off two hard‑money loans taken at purchase. The loan was secured by an estimated $900,000 property (67% LTV).
Refinanced existing note and financed acquisition of adjacent property for expansion and parking; secured by $1.103M collateral for a 50% LTV.
Deal Summary:
Griffin Church Loans structured a $558,000 loan for the Church of Pentecost USA (Columbus East District) to refinance their current note and purchase the adjacent property for expansion and parking. The loan was secured by $1.103 million in collateral (50% LTV).
Financed acquisition of a 10,000+ sq ft church facility at a favorable $125k price; 75% LTV.
Deal Summary:
Griffin Church Loans provided $93,750 to Covenant Reformed Baptist Church to purchase a 10,000+ sq ft church facility. The transaction was financed at 75% LTV.
Funded completion of a 3,000 sq ft addition and renovations; secured by the campus with combined project value of $1.67M; 29% LTV.
Deal Summary:
Griffin Church Loans provided a $500,000 loan to New Life Church of God in Christ to complete a 3,000 sq ft addition and facility upgrades. The loan was secured by the campus with a combined project value of $1.67 million, resulting in a 29% LTV.
Financed the purchase of a parsonage to house the senior pastor; 75% LTV on a $329,900 home.
Deal Summary:
Griffin Church Loans provided Covenant Baptist Church with a $247,425 loan to purchase a parsonage for their senior pastor. The home purchase was financed at 75% LTV.
Refinanced a maturing mortgage to long‑term church financing, secured by a $1.0M facility; 44% LTV.
Deal Summary:
Griffin Church Loans refinanced $440,000 for Iglesia Internacional Puerta Del Cielo to replace their maturing note and stabilize payments. The loan was backed by a $1 million property, resulting in a 44% LTV.
Cash‑out loan to replace HVAC units and install a new roof on the main sanctuary, secured by a $3.306M property for a conservative 4% LTV.
Deal Summary:
Griffin Church Loans provided Cross Church with a $150,000 property improvement loan to replace HVAC units and install a new roof. The loan was secured by the church’s $3.306 million campus, resulting in a conservative 4% LTV.
RCCG Wisdom Assembly in Kansas City, MO, needed both renovation and refinance help and Griffin delivered both. With a $500K loan, they have revitalized their space and streamlined operations for future impact.
Deal Summary:
Griffin Church Loans provided RCCG Wisdom Assembly with a $500,000 loan to refinance their mortgage and complete key renovations including roof, HVAC, security, and fencing improvements. The loan was backed by a $1.1 million property with a 45% loan-to-value ratio. Monthly payments were kept affordable at $3,800.
Hillside Bible Church in Ortonville, MI, chose Griffin Church Loans to refinance and redirect savings toward outreach. See how we helped them secure a $235K loan and reduce monthly costs ‚ all without personal risk.
Deal Summary:
Griffin Church Loans structured a $235,000 refinance loan for Hillside Bible Church, enabling the congregation to lower their monthly mortgage payments to just $1,912. The $1.15 million property secured the loan at a conservative 20% loan-to-value, setting the church up for long-term financial strength.
The Potters House Christian Fellowship in Malden, MA, expanded their ministry footprint thanks to a strategic church purchase loan. Learn how Griffin helped them secure their new property with a strong LTV and no delays.
Deal Summary:
Griffin Church Loans provided The Potters House Christian Fellowship with a $1,792,500 loan to purchase a new church facility. The loan was backed by a $2.39 million property and required no personal guarantees, offering strong 75% loan-to-value support.
The Light of the World Church in Gainesville, GA, turned to Griffin Church Loans to reduce financial strain. Through strategic refinancing, they gained lower payments and renewed momentum for their ministry.
Deal Summary:
Griffin Church Loans refinanced $1.5 million for The Light of the World Church to help lower their mortgage payments and simplify finances. The loan was supported by a $3.7 million church property and did not require personal guarantees.
House of God Worship Center in Newport News, VA, needed a major upgrade and Griffin Church Loans delivered. See how our expert financing made their church renovation dream a reality with unmatched speed and no personal guarantees.
Deal Summary:
Griffin Church Loans provided House of God Worship Center in Virginia with a $950,000 church renovation loan to support updates and improvements to their facility. The loan was backed by the church property valued at $2.3 million. There were no personal guarantees required on this loan.
Discover how Open Door Fellowship in Sicklerville, NJ, secured a church renovation loan to restore and expand their worship space. Griffin Church Loans stepped in with fast funding, no upfront fees, and a vision aligned with the church's mission.
Deal Summary:
Griffin Church Loans provided Open Door Fellowship with a $170,000 church renovation loan which allowed them to update and improve their property. The loan was backed by the church property with a $325,000 value. There were no personal guarantees needed on this loan.