I am not sure of the category that this fits....is it a refinance, loan modification or is it considered a Commercial loan?
Virginia Beach,VA | Feb 14th 2011
by John Mc...
Answer
by anthonyl
by buchananvs
It is more then 1 thing. It is a commercial "church" loan.There are different guidelines for church loans then any other business.As a commercial loan broker, I have a companies that specialize in non-profit organization lending. If you need help and want to get this in order before May let me know. David B. Feb 14th 2011If the church loan will roll over around June or july then they will need to do a refinance because it is depend on what is the term that they are in now with the company that finance the church or did the loan. However, if the refinance is the consideration then they might want to start to do it now because commercial loans can take up to 5 months to close. It takes longer than residential. Please contact me about this loan.My name is Ana from First USA Home Loans and I do both residential and commercial real estate loan. I have done church loans before so I do have an experience.1-877-472-9887 avichaidist@firstusahomeloans.com Feb 14th 2011
by dan@loa...
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