Previously, we discussed how traditional bank loans for church building projects are often limited by appraisals and the regulations imposed by the Dodd-Frank Act.  Fortunately, there are other ways forward. Here are some funding alternatives that can help you sidestep heavy bank regulations and appraisal-based limitations and move ahead with a new or updated church design. Understanding the Constraints [...]

Our last post discussed how traditional lenders calculate a church building loan amount by analyzing factors like cash flow and annual giving. But there's another evaluation metric that church leaders must understand when starting a church building or church design project—appraisals. Specifically, how the Dodd-Frank Act changed appraisal standards and made financing church buildings more difficult. How Financing Changed [...]

In our last post, we briefly explained three common ways to fund a church building project. One of those is through traditional lending institutions. For churches considering this option, it’s important to understand how lenders determine the loan amount for which a church might qualify. Here’s a breakdown of key expectations church leaders should have to realistically plan for [...]

The economy is making headlines daily. News on inflation, fluctuating stock prices, and ongoing global trade tensions may be making you, as a church leader, wonder if now is the right time to start a church building project. On the surface, it may seem foolish to take on such a significant endeavor in uncertain times. However, the reality is [...]