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 then other programs. OCCIF can lend up to 70% of the total cost of undeveloped property or 80% of a property with existing structures, not requiring remodeling or alterations to occupy.