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Michigan Church Cuts Costs with Refinance Loan
A wide-angle view of Hillside Bible Church in Ortonville, Michigan, featuring the red brick building with a tall steeple under a partly cloudy sky, surrounded by landscaping and a visible church sign.

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.

Church Name: Hillside Bible Church
Date: 2024-08-05
Location: Ortonville, MI,
Loan Type: Church Refinance
LTV: (20%)
Loan Expert: Aaron J. Shingler
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.