Looking up the Mt. of Olives, Garden of Gethsemane, across from the Temple Mount-Sept 2007

Contact Us

Commercial Finance Solutions, LLC
5805 State Bridge Rd
Suite G-283
Duluth, GA 30097

Church Financing

Equipment and Second Mortgages

CFS now offers lease financing for church equipment and second mortgages up to $100,000.

Your church must have been in existance for at least three years and must be doing well financially.

Please contact us for details (this program is not affiliated with our church mortgage program (below) which has been suspended). Please note that none of the particulars of the church program apply to this program!

Due to the credit "crisis", our church lending has been suspeneded indefinitely

WE LEND IN ALL 50 STATES!

Loan amounts less than $500,000 are only being granted at 50% loan to value. The reason for this is the precipitous fall in real estate values. In addition, we are looking at the location of your church to determine if it's in a "distressed" area.

Loan amounts above $500,000 are being granted at up to 75% LTV 

We're different than other lenders.

CFS is blessed to assist churches in spreading the Gospel of Jesus Christ by providing  financing to His churches. We operate under the guidance of the Holy Spirit in everything we do.

Our loan is non-recourse. That means neither the pastor, nor a trustee group, is liable for the mortgage. It doesn't show up on anyone's credit report.

We offer financing for: (click underlined area to view)

• purchase (property acquisition);
• new construction;
• capital expansion projects;
• renovation;
• refinance;
• parsonage;

Loan features include:

• Up to 30 year amortization/term (no balloon);
• Fixed or adjustable rates; 
  • Fixed rates start at 7.56%
  • Adjustable rates start at 6.95%
• Closing costs, including amounts for appraisal, survey, title, attorney, origination are usually rolled into the loan amount allowing a church to close a loan with no money expended out of pocket (other then the nominal application fee);
• Loan amounts from $200,000 and up; 

Guidelines for qualifying:

• a rule of thumb for the maximum loan amount for which you may qualify is 3 to 4 times your annual tithes, offerings, and non-specified contributions
• loans are presently being underwritten at a maximum 75% loan to value. 

  To get further information, refer to the column to the left, or contact us using one of the methods below.

  Resources (click to download):

  • View PowerPoint slide show on our church lending program
  • Budget Builder an Excel spread sheet offering a complete budget solution.
    
  • A guide to church borrowing;
  • Is the Bible really God's Word? (a resource for the seeking Christian. This is volume I of a four part series written by my friend and pastor Dr. Randy Pope, Perimeter Church, Duluth, GA)