Do you offer a fixed rate loan?

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In the world of commercial lending, a long-term, fixed-rate mortgage product does not exist. Lenders often used the term “fixed-rate” to lure in potential borrowers when describing their short-term mortgage products. But in reality, even though the rate is fixed, it is only for a short term. Then the loan is due in full, in what is called a balloon payment. We offer long-term financing, which provides stability and flexibility that churches need. Our mortgage terms are up to 20 years, with rate adjustment periods of 1, 3, 5 or 7 years. In addition to that, we provide caps on how high your rate can rise at each adjustment and throughout the life of your loan – a guarantee you will not find with short-term mortgage products.