Church Financing
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At Republic Commercial Fund, we specialize in tailored financing solutions for churches, synagogues, and non-profits. Whether you’re looking to acquire property, refinance existing debt, reduce liabilities, or fund construction, we create customized strategies to meet your congregation’s unique financial needs.
Why Choose Republic Commercial Fund for Church Financing?
- Specialized Expertise: Decades of experience in church and non-profit financing.
- Flexible Solutions: From conventional loans to hard money and bridge financing, we adapt to your specific situation.
- Nationwide Coverage: Financing options available for congregations across the U.S.
- Partnership Approach: Beyond lending, we provide guidance and support to help your organization thrive.
Conventional Loan Parameters
- Interest Rate: 4.5% to 5%
- Loan Size: $500K to %25 million
- Property Type: Charter Schools, Churches, Non-Profit Organizations
- Debt Coverage Ratio: 1.4%
- Minimum Adult Attendance: 200 to 500 Adults on Sundays
- Maximum Loan: 3 times the recurring gross income
- Monthly Payment: 30% to 35% of recurring gross income
- Audited Statements: Required when the loan is over $1million
- Territory: Tier 1 Market
- Lien: First Lien Mortgage
- Loan to Value: up to 80%
- Amortization: 15 to 20 years
- Term: 3-5 years arm
- Last three years of church financial information like plate income, expense details, balance sheet, cash flow, current YTD budget, and tax statements.
Conventional Financing for Churches
For congregations with stable credit and sufficient timelines, our conventional loans offer:
- Loan Amounts: $500K to $25M
- Rates: Competitive, starting at 4.50% to 5.00% (floor)
- Terms: Flexible, with 3- or 5-year ARM and 15–20-year amortization
- LTV: Up to 80%
Conventional financing is ideal for long-term needs, providing low rates and predictable repayment schedules.
- Best Analytics
- Commitment to Client
- Best Service You Can Get
- Hight Level of Knowledge
- 20 Years Experienced
Hard Money for Churches
When urgent funding is required or credit poses a challenge, we offer hard money loans:
- Rates: Ranging from 9.99% to 11%
- Ideal For: Churches with significant equity facing mortgage or credit hurdles.
This solution provides fast access to capital without the delays of traditional lending.
Church Bridge Financing Parameters
For congregations needing short-term funding to seize immediate opportunities, we offer bridge financing:
- Loan Amounts: $300K to $10M
- Terms: 12–36 months
- Rates: Starting at 6% to 12%+ based on the borrower’s profile
- LTV: Up to 80%
- Financing Limits: Up to 4X last year’s donations or tithes
- Origination Fee: 3 points
Bridge financing is perfect for acquisitions, renovations, or interim needs while transitioning to long-term solutions.
Key Requirements
To qualify, churches and non-profits must provide:
- Three years of tax statements
- 200+ average Sunday attendance
Ready to Achieve Your Financial Goals?
Don’t let funding challenges stand in the way of your mission. Fill out our quick form today to explore how Republic Commercial Fund can support your congregation’s financial future. Let’s help your organization grow and thrive!