Types of Loans

We offer both fixed rate and variable rate loans

You are never charged a prepayment penalty

A portion of the interest is used toward planting churches.

 

Standard Loan – A standard loan is designed for property purchases and refinances. Your collateral is a first mortgage on the church property and amortizations can be up to twenty years. 

Construction Loan – Construction loans are designed for new construction projects and renovations. Your collateral is a first mortgage on the church property. Interest for only two years, after which the loan converts to a standard loan.

Line of Credit – These are designed for special projects. Your collateral is a first or second mortgage on the church property. Interest for only two years, after which the loan converts to a standard loan.