Hotels & Motels Mortgage Loan Requirements for Southern California Property

Churches Mortgages in Southern California

Minimum loan amount is: $10,000

In Most Cases 24 hr Commitment and 4 Day Funding

Most banks and other conventional lending sources all over the country often turn down small amount, sub-par credit  loan requests for Church financing. Many times the the property is sound and well-occupied. Conventional lenders just don't want to handle a small loan.

Our loan officer will be in contact with you through the entire process from origination to closing to answer any question that you may have.  Please understand, each Church loan is different and we hope we have provided enough preliminary information for you to make Lantern Financial your choice for financing. You can contact us with any additional questions or concerns you may have.

Category Requirements
Geographic Region Southern California
Loan function Loans for purchase, refinance and cash outs of Churches
Rates Very competitive - Call for quote.
FICO score We work with all credit levels
Loan types Interest only, partially amortized, fully amortized and fixed rate loans.
Loan-to-Value ratio (LTV) Up to 75 % LTV.
Subordinated debt Seller carry back (2nd) position allowed up to 100% (CLTV).
Buyer down payment As little as 10% with seller carry back.
Collateral Senior or junior trust deed loans available.
Appraisal Appraisal paid out of proceeds - no upfront fees.
Fast Commitment and Closing In most cases, 24 hour commitment and 4 day funding

 

Call 1-800-504-0100 Today for a Free Loan Evaluation for your Church loan or better yet, fill out the No-Obligation, Free Application Form to see how we can help your situation.

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Call our loan specialists now at 1-800-504-0100

Lantern Financial Sponsors

"A Divine Gift" !

Lantern Financial and their team can be defined in these terms.

Our Ministry financial needs were pressing and immediate; and the means to continue an extensive building project where great but incomprehensible to conventional lending institutions.

Conventional Banking was insensitive to our needs, schedules and showed little understanding of Church operations and needs. This is where Lantern Financial excelled.

They are time sensitive and possess great understanding of Non-profits.

Lantern's financial Team met our total need and consolidated loans to meet our extended needs. We have not only a lender but a relationship with Lantern Financial.

Our Ministry is most appreciative because of Lantern's understanding, belief and working expertise. They are "A Divine Gift."

A . Turner, Pastor, and President
Covenant Worship Center Ministries