Build your ministry's future with flexible construction financing designed specifically for churches and faith-based organizations.
We understand the unique needs of faith communities and offer specialized financing solutions.
Interest-only payments during construction with rates starting as low as 5.25% APR.
Construction periods up to 24 months with option to convert to permanent financing.
Underwriting that considers your ministry's mission and community impact.
$100,000 to $5,000,000
Up to 80% of project cost
12 to 24 months
Interest-only during construction, then convert to permanent loan
*Sample rates and terms. Actual rates may vary based on creditworthiness and project details.
Our construction loans support a wide range of ministry building projects.
Build new worship spaces designed for your congregation's growth.
Create spaces for community gatherings and ministry events.
Construct classrooms and facilities for Christian education.
Flexible spaces that serve multiple ministry functions.
Get started with your construction loan in just a few steps.
Complete our online application with project details and financial information.
Our team reviews your construction plans, budget, and financial documents.
Receive approval and close on your construction loan within 30-45 days.
Start building with progressive funding as construction milestones are met.
501(c)(3) tax-exempt religious organization
Minimum 3 years of operating history
Debt service coverage ratio of 1.20x or higher
Detailed construction plans and budget
Licensed general contractor
Appropriate insurance coverage
3 years of audited financial statements
Construction plans and specifications
Detailed construction budget
General contractor information
Property appraisal or valuation
Building permits and approvals
Funds are released in stages as construction progresses. Our team inspects completed work before releasing each draw, ensuring your project stays on track and budget.
Yes! Most construction loans can convert to permanent financing upon completion. This eliminates the need for a separate closing and additional fees.
We work with you to address cost overruns through change orders and additional funding when possible. Having a detailed budget and contingency fund helps prevent this situation.
Typically 30-45 days from complete application to closing. Complex projects may take longer, but we work diligently to meet your construction timeline.
Our construction loan specialists are here to help you build your ministry's future.
1-800-459-0991
Monday - Friday, 8 AM - 6 PM EST
Complete application in 15-20 minutes
