MND Q&A

Where can Non profit organization find help with getting a lower interest rate for property?

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Non profit organization is seeking help on getting a lower interest rate on their church.


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2 answers
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Hi Debbie,

Just curious to know if your non profit already owns property and if so, if it was purchased as a non profit entity? If so, I’d suggest going back to your originating lender to see what they can do. If your current loan is FHA Insured, I can help you with some options. Let me know. Thank you.

Answered 5 months ago
Steven Ceceri
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5 months ago Ted Rood said:
 

Does FHA do loans on churches, Steve? Wasn’t aware that they did!


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There are many brokers and lenders who specialize in church loans. I’d google “church loans” with your state, and you should have a number of options to start with.

Answered 5 months ago
Ted Rood ✿
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