Griffin Capital Funding Provides Mortgages to Churches When Other Lenders Decline Them

Griffin Capital Company, LLC is a privately held, Los Angeles-headquartered investment and asset management company with a 22-year track record sponsoring real estate investment vehicles and managing institutional capital.

Church building loans are available through commercial banks, financing companies and church lenders. Most church construction financing entities have stringent church lending guidelines, high interest rates and a requirement for the church to fund at least 20% of the total construction cost.

Griffin Capital Funding just had a Baptist Church in MD approach us looking for a loan of $750,000 to refinance their debt from a large national bank. The church had been making all of their payments on time to the lender, but when their loan came due the bank was unwilling to refinance their loan.

Griffin Capital Funding closed several mid- construction loans. This month Griffin Capital Funding closed several mid- construction loans. Typically, it is difficult enough to get a bank to offer a church loan and when a church finds itself with a partially completed construction project and not enough funds to finish, most lenders run for the hills.

How To Find The Best FHA Mortgage Lender | Toxic exposure on army bases sparks battle for health benefits During the claims process, VA will check military records to confirm exposure to Agent Orange or qualifying military service. If necessary, VA will set up a separate exam for compensation. 5. VA offers health care benefits for Veterans who may have been exposed to Agent Orange and other herbicides during military service.It’s a process that, at best. be enough to sway the lender to match more favorable terms offered by the competition. In addition to Guttentag’s site, you can find mortgage calculators and pricing.

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Griffin Capital Funding, Fredericksburg, Virginia. 27,048 likes 926 talking about this 1 was here. We have been serving churches for 20 years by.

CHURCH FINANCING. If you have ever been involved with a loan for a church, you know how frustrating the process can be. Most lenders either do not offer loans to churches or offer them under programs that make it almost impossible for churches to qualify or terms that are not reasonable.

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After getting quoted high interest rates from other lenders I decided to try Griffin Funding. They got me the lowest interest rate that other lenders couldn’t touch. Wiley and Kristi really helped the painful process go as smooth as possible and me being a small business owner it was especially hard and time consuming.

Borrowers do need to be aware that there is a limit to the amount of liability that the VA will take on when it comes to VA loans in Odessa. They will only cover 25% or up to $113,275. The borrower will not have to pay for private mortgage insurance. There is no down payment necessary. VA loans are one of the last zero down loan options left.