Thrivent Church Financing

Take advantage of lower rates to save on your church’s monthly payment. Call us to discuss options at 800-984-9425 or visit our website.

Yes, we can provide loans for a variety of purposes. Contact us at 800-984-9425 to discuss your specific needs.

You can begin the loan process by calling us at 800-984-9425. This way, we can discuss your particular situation prior to receiving your loan application. You'll then submit your application to the Church Financing department as directed on the loan application form.

Once we receive your application, we will underwrite the loan and, upon approval, will send the congregation a formal letter of our commitment to provide the loan. Typically it takes about two weeks to complete the underwriting process and to issue the formal commitment to your church.

After that, the timeline depends on the specific requirements needed to close the loan. For example, most loans require a borrowing resolution to be approved by the congregation, in accordance with your constitution and by-laws. Once we receive all the specific closing requirements, it takes about two weeks to review the items submitted, prepare the loan documents and schedule the closing. These timeframes are estimates and may vary based on the nature of the project.

The Thrivent Church Financing team is here to help Christian churches achieve their missions, grow their ministries and meet their financial stewardship goals.

It can be difficult to get an "apples to apples" comparison since lenders' terms and conditions vary widely.

However, Thrivent will gladly work with your church to help evaluate your choices. Our goal is to help you and your congregation find the product that best suits your needs. Ask the following questions of potential lenders:

• What is the term of the loan (the date the loan matures, not the length of the amortization)? Few lenders offer a term longer than three to five years and may charge additional fees to renew the loan.
• How long is the initial interest rate fixed? What are the terms of the rate reset?
• What are the initial fees? Are there additional fees during the life of the loan if changes are made?
• Are there covenants to comply with through the life of the loan?
• Are there prepayment penalties?
• Are there late payment charges?
• Will there be a "balloon" payment?
• There may be other things unique to your situation. Contact us at 800-984-9425 to discuss these at any time.

We are one of the largest faith-based church lenders in the country with over 115 years of commitment to serving the financing needs of churches of all sizes. Your church’s current and future financing needs will not outgrow our financial capacity with loan products that are simple to understand, rate terms ranging from 3 to 30 years, and no balloon payments. In addition, you can bank with your bank of choice!  With our dedicated team solely focused on your church’s financing needs, rest assured that your church will be our top priority.

Give us a call at 800-984-9425 to speak with one of our church loan experts or check out our website at thriventchurchloans.com to learn more.