How to Buy a Church Building: The Ultimate Guide to Buying a Church for Sale
Whether you’re starting a new ministry, or your church congregation is growing quickly, chances are that you’re considering buying a church building. Although an essential part of a church is rooted in its impact on members, having the right place of worship is also important. However, most faith leaders are unsure about the steps to … Read More
Is It a Good Time to Start a Church Construction Project?
Has your church been experiencing membership growth? Then, expanding your church building or constructing a new one may be at the top of your priority list now. That’s especially because many church growth experts agree that building capacity plays a huge role in continued church growth. According to the experts, churches cannot experience more growth … Read More
What Is the Current Church Building Loan Rate?
Are you a borrower shopping for a church building loan? Then, you must thoroughly investigate your options and ask the right questions to avoid making mistakes. The truth is there are many factors to consider in this regard. However, church building loan rates remain among the most important considerations. Also called interest rates, loan rates … Read More
What Is a Hard Money Church Loan?
Have you ever tried securing a loan for your church? If you have, you’d have discovered that churches find it harder to get loans than other types of commercial establishments. Churches simply don’t have enough external financing options. Even when they locate a willing church lender, they must jump through several hoops and conditions before … Read More
Church Mortgage: Common Challenges and Solutions
Many Americans faithfully pay their tithes, offerings, and other donations to their Church. For example, about 10 million tithers give $50 billion annually to churches and other non-profits. Unfortunately, however, these hefty amounts don’t provide sufficient funding for Churches in the US. Therefore, church leaders often resort to financing solutions such as mortgages for their … Read More
How Much Will My Church Qualify for When We Apply for Financing?
If you check around, you’ll see that church loans are less popular than other loan types. Many lenders that fund home loans and business loans, do not make loans to religious organizations. Even if your church finally gets a loan, it may not be the amount it needs to accomplish its goals. So, you and … Read More
Church Refinance Loans: 7 Benefits of Refinancing Your Church
Are you a church Pastor or church leader with a mortgage loan you haven’t paid off? Do you need a solution that helps you keep your church doors open? If the answer is yes, then this article is for you. But first, did you know churches around the US are quickly embracing external financing solutions? … Read More
Church Financing Programs: Everything You Need to Know
Most people realize that churches are tax-exempt for almost all types of taxes. We sometimes hear how this is unfair and churches should have to pay taxes like for-profit entities, but these same people do not realize the good that most churches do within their communities and around the world. Churches use the money they … Read More
Why Don’t Banks Like Church Loans?
Many people believe that only business organizations require loans. However, non-profit organizations and churches also use loans for many purposes such as purchasing real estate, renovating a property, or buying a van for the church. Yet, church building loans aren’t as easily accessible as churches desire. Most banks and other financial institutions don’t like church … Read More
New Church Construction: The Ultimate Guide on How to Get Started
Usually, everyone gets excited when it’s time to build a new church facility. However, knowing how to begin can be quite a dilemma. We often don’t know what to expect or the critical steps of the construction process. New church construction isn’t like every other building project; you need to take vital steps to help … Read More