New Construction Loans

This loan is for an Orthodox mission, parish, monastic community or institution for building projects for the construction of a parish temple, social hall, rectory, school or senior-related housing project. Once qualified through OCCIF’s Feasibility and Loan Application processes, we would lock in your interest rate. OCCIF will then establish a 12 to 18 month, …

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Straight Purchase Loans

This loan program is designed to include the purchase of new, undeveloped parcels of land or a property with existing improvements, capable of being used as a place of worship. This program requires the submission of a qualified appraisal, earlier in the evaluation and qualifying stages than other programs. OCCIF can lend up to 70% …

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Renovation Loans

Similar to our New Construction Loan program, the initial process required for funding remains the same but the loan amount range is significantly less to renovate versus build. The interim financing, as interest only payments, is also similar to our new Construction Loans but are limited to a maximum of 12 months in duration. After …

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Refinance Loans

OCCIF offers the ability to refinance existing debt, with the goal of provided a more competitive interest rate than conventional lenders. These loans are guaranteed through secured title to the project’s real property. OCCIF can only provide funding for projects where OCCIF provides the first mortgage.

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