TYPES OF CHURCH LOANS OFFERED
Church Growth Investment Fund offers construction and permanent loans to churches and associations affiliated with the Florida Baptist Foundation and the Southern Baptist Convention.We make loans for purchasing property, constructing new facilities, refinancing existing debt and/or renovating existing facilities.We believe each ministry is unique and tailor a loan to the unique needs of each borrower.
Church Growth Investment Fund is a ministry of Florida Baptist Foundation.All loans are adjustable rate first and second mortgage loans with terms of up to 20 years.Loans are subject to standard closing costs and an origination fee. The initial rate is based on current interest rates at the time of closing, so call us for a current rate quote. The finely tuned process is simple.To obtain an application, click here or contact us via e-mail or by phone at (800) 780-0325 ext 227.
We can also assist a local church in the evaluation of current and future facility needs based upon the church's unique situation. We understand the needs of local churches and exist for you. We believe we can help you avoid many problems and pitfalls of purchasing a new or existing church site or constructing a new facility. We know what to look out for and want to help your church avoid potentially expensive problems. We want to partner with you in helping you reach your community for Christ.
How do I apply for a loan?
To apply for a loan, complete an application and a property evaluation. Return the application, property evaluation and the requested information on page 2 section two of the application to us. Once we received the application, we will get in touch with you.
How long does the process take?
Once a completed application along with the requested documentation is received by us, we typically can get an answer on your loan request within a week.Closing normally occurs within 30 days for a permanent loan and a little longer for construction loans.
For more information, contact us via e-mail or at (800) 780-0325 ext. 227.