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Church & Institution Financing
 
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Church & Institution Financing Rates

The interest rates posted below are the standard rates offered by Thrivent Financial for Lutherans. Your rate may vary based on the financial position of the congregation relative to the loan guidelines and fees.

Fixed Rate Mortgage Loan
Terms Interest Rates (%) Repayment Terms
5 years 4.375 The monthly repayment per $1,000 is $18.59
10 years 4.875 The monthly repayment per $1,000 is $10.55
15 years 5.375 The monthly repayment per $1,000 is $8.10
20 years 5.5 The monthly repayment per $1,000 is $6.88

3-year Adjustable Rate Mortgage Loan
Terms Interest Rates (%) Repayment Terms
20 years 4.251 The monthly repayment per $1,000 is $6.19
25 years 4.251 The monthly repayment per $1,000 is $5.42
1 Thrivent Financial for Lutherans has the option to adjust the interest rate every third year (there is no cap or ceiling on the interest rate).

5-year Adjustable Rate Mortgage Loan
Terms Interest Rates (%) Repayment Terms
20 years 4.3752 The monthly repayment per $1,000 is $6.26
25 years 4.3752 The monthly repayment per $1,000 is $5.49
2 Thrivent Financial for Lutherans has the option to adjust the interest rate every fifth year (there is no cap or ceiling on the interest rate).

7-year Adjustable Rate Mortgage Loan
Terms Interest Rates (%) Repayment Terms
20 years 4.753 The monthly repayment per $1,000 is $6.46
25 years 4.753 The monthly repayment per $1,000 is $5.70
3 Thrivent Financial for Lutherans has the option to adjust the interest rate every seventh year (there is no cap or ceiling on the interest rate).

10-year Adjustable Rate Mortgage Loan
Terms Interest Rates (%) Repayment Terms
20 years 4.8754 The monthly repayment per $1,000 is $6.53
25 years 4.8754 The monthly repayment per $1,000 is $5.77
4 Thrivent Financial for Lutherans has the option to adjust the interest rate every tenth year (there is no cap or ceiling on the interest rate).

15-year Adjustable Rate Mortgage Loan
Terms Interest Rates (%) Repayment Terms
25 years 5.3755 The monthly repayment per $1,000 is $6.07
5 Thrivent Financial for Lutherans has the option to adjust the interest rate every fifteenth year (there is no cap or ceiling on the interest rate).


201100482

Appleton Office:
4321 N. Ballard Road
Appleton, WI 54919-0001 USA

Minneapolis Office:
625 Fourth Avenue S.
Minneapolis, MN 55415-1624 USA

Contact Us
800-THRIVENT
(800-847-4836)

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Insurance products issued or offered by Thrivent Financial for Lutherans, Appleton, WI. Not all products are available in all states. Products issued by Thrivent Financial for Lutherans are available to applicants who meet membership, insurability, U.S. citizenship and residency requirements. Securities and investment advisory services are offered through Thrivent Investment Management Inc., 625 Fourth Ave. S., Minneapolis, MN 55415, a FINRA and SIPC member and a wholly owned subsidiary of Thrivent Financial for Lutherans. Thrivent Financial representatives are registered representatives of Thrivent Investment Management Inc. They are also licensed insurance agents of Thrivent Financial.

Bank products and trust services are offered through Thrivent Financial Bank (Member FDIC, Equal Housing Lender), a wholly owned subsidiary of Thrivent Financial for Lutherans. Insurance, securities, investment advisory services, and trust and investment management accounts are not deposits, are not guaranteed by Thrivent Financial Bank, are not insured by the FDIC or any other federal government agency, and may go down in value.

Last updated: December 2, 2011

 

Thrivent Financial for Lutherans loan rates

We base our rates on a number of factors, including relevant Treasury securities; Commercial Mortgage Backed Securities markets; overall market volatility; and various risk parameters. The rates are not tied to one specific metric and typically do not fluctuate daily or with every change in the market; however, they are reviewed on a periodic basis and adjusted as necessary.

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