Step 1 - Application

Complete your application online or send it to us by email .
• Nationwide
• Loan Amounts: $500,000 to $25,000,000
• 3.5 times last years financials loan amounts
• Conventional Bank Loans Available Competitive Rates, 5 , 7, 20 year terms
• Private Hard Money Available, Quick Closings,
• LTV : The maximum loan to value permitted is 75%. This is typical of most church lenders and means that the requirement for a church loan is a 25% cash injection by the church into the project.
• Loan approvals are not based solely upon financial ratios. We at Frias Financial also looks at other areas such as: leadership, ministry impact, commitment of the members, growth potential, and church location when reviewing loan requests.

Step 2 - Review by Loan Team

We will contact you within 2-3 days. Additional church information may be requested.

Step 3 - Board Approval

All church loans are subject to approval by lenders Board of Directors.

Step 4 - Closing

Typically 4-6 weeks upon selection of title company or real estate attorney.

Purchase New Property

We support both Daycare purchases and existing church building purchases.

Loan Refinancing

A little refinancing can go a long way. Learn about our cost-effective refinancing options to save money.

New Construction

We offer tailored loans to your unique needs with advantages no bank can match. Frias Financial Church Loans offers church construction loans that are looking to build almost any type of building:
• Sanctuary,
• Family Life Center,
• Daycare
• Gymnasium

Remodel Project

We fund various church remodeling projects, from roof replacements to sanctuary overhauls.

What is the maximum amount of money a church can afford to borrow?

Underwriters take many factors into consideration when determining the maximum borrowing capacity of a church. A good rough estimate of the general range a church can borrow is to take the last 12 months of gross general tithes and offerings income and multiply that number by 3 times and by 5 times and that will generally give you the low end of what the church can borrow and the high end of what the Church can borrow.
As an example: if a church has gross income of $500,000 per year they can probably borrow between $1,500,000 and $2,500,000