Pastor Alberto Malisani with Grace Church in Desert Hot Springs, Calif. is a Bible teacher and worship leader. He knows that money is part of ministry, a tool God uses to accomplish His work through the local church. But ministry is his expertise, not finance.
Located in a suburb of San Antonio, Texas, Northeast Bible Church is a 40-year-old church plant. The congregation is associated with the Evangelical Free Church of America (EFCA).
What would your church do with more money left over at the end of each month? Probably a lot of things, right? Refinancing your church loan to a lower rate will reduce your monthly obligations, especially if your refinancing doesn’t involve closing costs.
It seems everywhere you turn today, people are talking about refinancing. Interest rates are at historic lows, and individuals and business are scrambling to see if their interest rate is as good as it can be—or if there is something better out there.