Types of Loans

STANDARD LOAN – Designed for property purchases and refinances. Collateral is a first mortgage on the church property. Amortizations of up to twenty years. 

CONSTRUCTION LOAN – Designed for new construction projects & renovations. Collateral is a first mortgage on the church property. Interest only for three years, then converts to a Standard Loan.

LINE OF CREDIT – Designed for special projects. Collateral is a first or second mortgage on the church property. Interest only for three years and then converts to a Standard Loan.


  • CFR offers both fixed rate and variable rate loans
  • CFR never charges a prepayment penalty
  • A portion of the interest is used toward planting churches throughout Florida!