Church Loans
Solutions for Any Congregation
PointBank is committed to the future of our local churches and the congregations they serve. Our lending team can handle refinances, land purchases, addition and construction loans, and church purchases while offering local decision making and best-in-class customer service to make sure your church can not only grow, but thrive.
Recently Funded Church Loans:
Church Land Purchase
Amount – $1,480,000
Term/Amortization – 20yr./20yr.
Initial Annual Percentage Rate – 4.99%
Loan to Value – 80%
Church Addition/Construction
Amount – $2,500,000
Term/Amortization – 12 months interest only; 3yr./25yr. balloon
Initial Annual Percentage Rate – 4.99%
Loan to Value – 52%
Church Purchase
Amount – $1,717,000
Term/Amortization – 20yr./20yr.
Initial Annual Percentage Rate – 4.75%
Loan to Cost – 85%
Church Refinance
Amount – $6,700,000
Term/Amortization – 20yr./20yr.
Initial Annual Percentage Rate – 4.79%
Loan to Value – 78%