Empowering Your Church's Future
Innovative Church Loan Solutions
Here at Cash Flow U we provide innovative Church Loan Solutions to Fund & Fulfill the Vision!
Our Church Loan Offerings
Explore our diverse loan options crafted to meet the unique needs of your church. Whether you’re looking to refinance, purchase, or build, we have the right solution for you.
Refinance Loans
Lower your monthly payments and improve cash flow with our competitive refinancing options, designed to ease your financial burdens.
Purchase Loans
Secure the perfect property for your congregation with our flexible purchase loans, offering favorable terms and conditions.
New Construction Loans
Build your vision from the ground up with our new construction loans, providing the financial support needed for your church’s expansion.
Church Loan Qualifications
Financial Statements
Applicants must have 3 Years of Financials Statements (Profit & Loss Statement & Balance Sheet) Plus Year to Date!
Income Test
A Church Must have Income increasing in an upward Trend from Year to Year and the average Income over 3 Years must be at least a third of what they need!
Down Payment
Applications Need to have at least 25% down Payment for Purchase & New Construction loans (exceptions made for collateral).
Cash Reserves
Applicants must also have 6 – 9 Months in Cash Reserves of their expected new payment!must have 3 Years of Financials Statements (Profit & Loss Statement & Balance Sheet) Plus Year to Date!
Debt Service Coverage
Applicants must possess the Debt Service Coverage (Cash Flow) needed to service a Church Loan.
Loan to Value
A detailed and realistic project plan outlining the purpose and scope of the loan is required for approval.
Our Simple Loan Process
1
Review Qualifications Above
2
Submit Church Loan Application
3
Submit Financial Statements
4
Sign & Submit Pre-Approval Document
5
Underwriting Process
6
Funding & Closing
Common Questions About Church Loans
Explore answers to the most frequently asked questions about our church loan services, designed to help you make informed decisions.
What types of church loans do you offer?
We offer loans for refinancing, purchasing, and new construction projects tailored to meet the unique needs of churches.
How long does the loan approval process take?
The Pre-Approval process takes between 24 – 48 Hours & the Closing process typically takes about 90 days, depending on the complexity of the loan application.
What are the interest rates for church loans?
Interest rates vary based on market conditions and the specific financial profile of the church. Contact us for a personalized quote.
Are there any fees associated with applying for a loan?
Yes, there are standard processing and administrative fees associated with closing a Church loan. We provide a detailed breakdown of all costs upfront with the Pre-Approval document.
Can we refinance an existing church loan with you?
Absolutely, we offer refinancing options to help churches manage their debt more effectively and secure better terms.
What documentation is required for a loan application?
You’ll need to provide financial statements, and a one page church loan application to get started.
Do you offer loans for new church construction?
Yes, we specialize in financing new construction projects to help churches expand their facilities and reach.
Is there a minimum or maximum loan amount?
Our minimum loan amount is $75,000. There is no specific maximum amount.
What is the repayment term for church loans?
Repayment terms are flexible, typically ranging from 10 to 30 years, depending on the loan type and church’s financial situation.
Next Steps for Church Loan Application
Review Qualifications Above
Review church loan qualifications to ensure you qualify for a church loan. If you still not sure, contact us to schedule a consultation with our loan specialists to discuss your church’s specific needs and goals.
Submit Required Documentation
Gather and submit all necessary documentation, including the one page Church loan Application & financial statements to initiate the application process.
Review and Pre-Approval
Our team will review your church package and provide feedback or Pre-approval within 24 to 48 hours!
Sign & Submit Pre-Approval Document
If you agree with the Pre-Approval Terms and conditions then simply sign & Submit the Pre-Approval document with $800 to get the underwriting process started.
Submit Underwriting Documentation
Gather and submit all necessary documentation, including bank statements, financial statements and requested documentation to initiate the underwriting process.
Funding and Closing
The closing process takes about 90 days.
Ready to Fund Your Church?
Contact us today to learn more about our flexible loan options tailored for your church’s unique needs. Whether you’re looking to refinance, purchase, or start a new construction project, our team at Cash Flow U is here to guide you every step of the way.