Religious Institution Financing

Our Religious Institution Finance Division specializes in construction projects, expansion, purchase, and refinancing existing debt for churches, synagogues, and other religious institutions.

  • No personal guarantees
  • Loan to value up to 85%
  • Rates fixed for up to 25 years
  • Competitive interest rates
  • No prepayment penalty
  • Quick turnaround on approvals
  • Interest-only during construction on funds actually used
  • Construction-to-permanent closing: locked-in interest rate for post construction long-term financing

We understand that one standard solution can not satisfy all individual needs. We work closely with you to fully understand your organization's objectives and financial capabilities and create customized financing structures to fit those particular needs. We can work in conjunction with architects, builders, and capital campaign advisors to help meet all your goals. We want you to be so pleased with your experience that you will refer other potential clients to us.

Sample current rates

Fixed Term

Amortization

Rate

5 Years

20 Years

5.90%

10 Years

25 Years

6.85%

20 Years

20 Years

6.95%

Rates and terms subject to change without notice

Call us today

 203.341.9377


The Source, Inc. 10 Bay Street Westport, CT 06880-4326
Phone: Fax:

Commercial | Residential | Religious Institutions | Loan Purchase & Sale

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