Church Financing

Growing a church At MinistryCFO, we have a deep understanding of the church industry. Our expertise will help you determine and verify the cost estimates of your capital project as well as the level of financing that you are able to comfortably support. Whether you are seeking a new facility, adding to an existing facility or looking into a Phase One land purchase, we are available to help you. Keep in mind that despite the fact that we help you determine your loan needs and capacity, we are not your banker. Rather, we work on your behalf to find the best bank for you. So let us help you determine your loan needs, assess the ability of your church to fund the loan from internal cash flow and then negotiate your loan with banks, including banks throughout MinistryCFO’s nationwide banking network.

Church Refinancing

Mortgage Rates Mortgage interest rates are at a historical low. If churches are not renegotiating the interest rate that they are paying on their mortgage loan, then they are likely going to miss out on a once-in-a-lifetime opportunity. No kidding aside, the last time mortgage interest rates were this low was in 1951, when the price of gasoline was 16 cents a gallon! With concerns of inflation being discussed widely in the business sector, the time to renegotiate your loan rate is now. Your church could greatly expand its ministry with interest savings on its mortgage loan. For example: suppose Church A has a $3 million loan with a 6% interest rate. If Church A were able to renegotiate their loan rate to 4.5%, then the church would save $45,000 each year! Think how much more ministry Church A can accomplish with these annual savings!