Applying for a church loan can be an overwhelming experience for many church leaders because it’s very different than finding a home loan. In a recent blog post, AG Financial shared 6 tips for finding the right lender:

·      Understand what a “fixed rate loan” means in commercial lending

·      Don’t borrow more than you can afford

·      Borrow for the longest period possible

·      Pay off your loan as quickly as you can

·      Mitigate the long-term risks to your ministry

·      Talk to a direct lender that understands ministry

 To learn more about any of these areas, read the full article from AG Financial.