Financing

Build or Buy: Is One of these Really Your Best Option?

Owning your own home has been the desire of many American families for generations. But if ever there was a time for your heart to get ahead of our head, this is it. You want that home so badly that you either fail to see key factors that should be considered or you ignore clear signs that this isn’t the right choice for you today. This dynamic has also been in play at many churches and other ministries. [read more]

Category: Ministry Matters

Should you get a loan to help fund your vision?

The process of getting a loan involves asking and answering a lot of questions. The right answers to the right questions can bring clarity and confidence when you approach a lender about financing or refinancing. Here’s what you should be asking. [read more]

Category: Ministry Matters

Are you ready to refinance?

Games make sense and are easier to play when you know the rules. The same is true when it comes to refinancing your ministry’s mortgage. And the economic challenges of the past decade have prompted significant changes in lending requirements. If you’re looking to refinance, here are the rules of the game today. [read more]

Category: Ministry Matters

Could your organization get a loan today?

When professional sports teams consider acquiring new players, one major consideration is a prospect’s health. The same is true for lenders reviewing loan applications. They’re looking for healthy borrowers, those that can handle the prospective debt. [read more]

Category: Ministry Matters

Rethinking Refinancing

With interest rates still lingering around historically low levels, we often have conversations with church leaders who wonder whether this would be a good time to refinance their mortgages. You may have the same question. As you try to answer it, here are a few things to keep in mind. [read more]

Category: Ministry Matters

Now Is a Good Time to Talk with Your Banker

When managing ministry money, every season has its focus. So when is it a good time to talk with your banker? [read more]

Category: Ministry Matters