Existing Loans
Do you have an existing Thrivent Financial for Lutherans church loan? If you'd like more information about your current loan, please contact us. If you're looking for additional assistance, we can help with the following services:
- Provide additional funds to the congregation for improvements, renovations or expansion by modifying your existing Thrivent Financial for Lutherans church loan.
- Refinance an existing Thrivent Financial for Lutherans' church loan. If refinancing, consider the following:
- Are interest rates for refinancing lower than your existing rates?
- Will the maturity date remain the same?
- Have you included any and all fees/expenses necessary to close the loan in your calculations?
- What effect will the refinance have on your monthly payments? Find out when you'll break even with our mortgage refinance calculator.
- Set up an existing loan on Automatic Payments (ACH).
- Billing statement questions.
- Information on how principal prepayments are applied.
- Loan payoff quotes.
- Help when things don't go as planned.
Need Additional Funds?
The Church & Institution Financing Program presents financial opportunities for a variety of projects. We offer creative and flexible funding for:
- Refinancing existing loans.
- Construction of new buildings.
- Complete renovations.
- Improving accessibility.
- Purchasing an organ.
- Buying property for expansion.
- Paving parking lots.
- Repairing or replacing roofs.
- Replacing heating and air conditioning systems.
- Other capital improvements.
Thrivent Financial for Lutherans' church loans cannot be used to finance operational budget shortfalls.
Construction Loans
Your congregation may need an interim short-term construction loan. Thrivent Financial Bank, a subsidiary of Thrivent Financial for Lutherans, now offers construction loans in a number of states.
If you choose to work with a local lender or another institution for your interim construction loan, Thrivent Financial for Lutherans can assist you with the transfer of documentation to ensure a smooth transition. Additionally, Thrivent Financial for Lutherans' loan commitment for permanent financing can assist you in obtaining a construction loan.
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