Church Loan Options:

When it comes to church loans, TMI & Partners, Ltd has the best experts that will provide church financing.  Our service will cover everything from:

  • church mortgage loans
  • church construction loans

With low interest rates and the ability to amortize for as long as 30 years, there is no better time than now to take action in finding the funding to bring the vision for your church into reality.

TMI & Partners, Ltd lenders will offer many different types of church loans:

  • Church loan to purchase property:  Generally our lenders can offer loans with first trust up to 80% and in certain markets 85%.  In most cases our lenders allow subordinate financing up to 90% with the purchaser bringing in as little as 10% of their own money plus closing costs.
  • Church loan to refinance current debt:  When refinancing current debt the church does not generally need any of their own money.  The closing costs of the church loan are rolled into the loan amount.
  • Church financing for construction:  If the church already owns the land they are building on it is very possible that they will not need to put any cash into the construction project.  In general 80% of the total project cost can be financed but this can increase if the church has equity in the property.
  • Church financing for renovation:  In most cases, the church does not need to bring in any of their own money to put towards the cost of the renovations; instead the equity in the property is used as the church’s contribution.  If the church has little equity in the property compared to the cost of the renovations then the church may need to inject money into the project to bring the total project cost to 80% of the completed value.

Note: Church loan programs are subject to change.  Not all programs available in all areas.  Not every church will qualify for a loan.  We strongly support equal credit opportunity for all churches

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