New construction
Expand your facilities for a growing congregation or school.
Buy | Renovate | Expand
Church Loans
Financing designed for congregations that want to buy, renovate, or expand their facilities.
Apply →Financing for organizations
Ways we can help
An advisor will work with you to find the right option for your congregation.
Purchase
Acquire a property or a parsonage.
Renovation
Update existing buildings to support greater outreach.
Refinancing
Improve the terms of a current loan, lower interest, or both.
The application process
These are the general steps. An advisor will guide you through each one.
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01
Submit your application
Complete the application online or schedule a conversation with an advisor.
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02
Guidance and prequalification
An advisor will review your project and guide you through the available options.
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03
Document review
You'll gather and submit the supporting documentation requested.
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04
Proposal
We'll present a financing proposal with terms for your organization.
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05
Evaluation and processing
We'll verify the information and evaluate the application.
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06
Documentation and disbursement
You'll sign the loan documentation and the funds will be disbursed.
Key financing terms
- Amortization
- The payment plan by which the loan balance is reduced over time.
- Balloon payment
- A larger final payment due at the end of the term, when the loan isn't fully amortized.
- Rate review
- An adjustment to the interest rate at an agreed-upon point during the life of the loan.
- Fixed rate
- An interest rate that doesn't change during the agreed period.
- Down payment
- The portion of the project or property cost your organization contributes.
Not all applications will be approved. Approval is subject to credit evaluation, income, property appraisal, and other requirements. Rates, terms, and conditions may change without notice.
Start your application
Complete the form below and an advisor will get in touch with you.
Frequently asked questions about Church Loans
What can I finance with a church loan?
You can finance new construction, purchasing property or a parsonage, renovations, and refinancing.
How do I apply for the loan?
Submit your application online or schedule a conversation with an advisor. The process includes guidance, document review, a proposal, evaluation, and disbursement.
What documents do I need?
Formation documents, financial statements, and information about the property and project are typically requested, among others. An advisor will confirm the list.
What are the rates and terms?
They depend on your project and the evaluation of your application. An advisor will present the available options.
Do I need to be a member of Christian Credit Union to apply for financing?
An advisor will confirm your organization's membership requirements once we receive your application.