Interest Rates and Fees

We offer permanent real estate financing with monthly payments amortized over a period of up to 25 years.

We also offer construction loans for new buildings or building improvements.  The construction loans are structured for interest-only payments during the construction period (generally up to one year), then automatically convert to permanent financing.

All loans are Adjustable Rate Mortgages which adjust every 1, 3 or 5 years.  Church or ministry real estate loans are generally considered to be commercial loans and are not comparable to long-term fixed rate residential mortgages. 

We are always happy to discuss your ministry’s situation. Please call us at 800.995.8574 for current interest rates and terms prior to submitting your application.

Some additional key items to note include:
• All loans have a 1/2% origination fee. This fee may be waived if Ministry Campaign Services is being used as part of a capital campaign.
• Loans are generally amortized over a 25-year period.  Shorter terms are acceptable if the church can qualify with the higher monthly payment.
• No penalty for prepayment of principal.
• Program available specifically for church plants and urban-setting ministry.
• We do not offer operating loans or operating lines of credit.