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Christian Finance is a concept which is based on the Biblical perceptions to help teach believers their stewardship duties and to be a responsible Christian investor with their money. There are many Christian Finance principles based on Biblical affiliation such as goals, budgeting, debt elimination, saving, financial management, tithing, and giving.

There is a ministry such as Crown Financial Concepts who offers numerous books and small group studies on stewardship financial management. There are also many Christian Finance scholars available who conducts stewardship seminars and workshops based on timeless truths about how to manage their money with Christians at local churches.

Along with the teaching ministry, there are many financial institutions which are fee only financial planners that combine their Christian faith along with traditional financial services standards. They also use Christian Finance concepts to administer investment accounts for Christian values and always try to avoid investments that conflict with their client’s Christian beliefs.

” Best ways to get a Christian Finance #1 – Identify your needs – Simply contacting a Christian Finance planner is not enough. Prior to that you need to identify what you need from your consultant. This would include the type of home you would like to own, the savings that you can invest, the monthly repayments that you can afford and the value that you want out of the deal. All your transactions can then be managed with the biblically based investment advice.

” Best ways to get a Christian Finance #2 – Get the best Christian Finance planning firm – The best Christian Financial Planning firm will help you to organize and manage the money with investment advice which are steeped in traditional values and traditional financial planning techniques. A Christian Finance planning firm is needed to help the fellow believing clients in two areas. (1. So that they are able to offer advice with solid moral Biblically based advice. 2, they can use their education and experience to provide the best advice available)

” Best ways to get a Christian Finance #3 – Be aware – It pays to be aware. Do your research on the local real estate options as well as history so that you are familiar with the area and the projects that are on the platter. It is important to ask your Christian Finance advisor to walk you through the various properties and neighborhoods so that you can study their pros and cons yourself.

” Best ways to get a Christian Finance #4 – Be up to date regarding the Christian financial services – Before you invest, you should be thoroughly up to date with the latest trends in the Christian Finance offers. This will help you decide what is best for you and your situation and assist in your long term finance plan.

” Best ways to get a Christian Finance #5 – Choose the best option – Your advisor will give you several options to choose from. Make sure you evaluate them all against your finance situation and your property needs. You should opt for the program which is most comfortable even if it runs into a longer tenure. It is better to pay smaller amounts for a longer duration than hurry with repayments only to default on the mortgage which will result in the loss of your home.

” Best ways to get Christian Finance #6 – Get the best lawyer – Though based on the Christian belief, you should also keep in mind that this is primarily a financial investment. So it is always advisable to get the best lawyer who is not only be well equipped to handle Christian Finance but will also advise and guide you through the intricate maze of real estate investment in general.

If you are new to financing real estate development you’ll have to change your thinking. No doubt you are very familiar the 15 to 30 year mortgage finance tool.

You may even have used a ‘Line of Credit’ as an alternative way of financing as you increase you cash wealth. Both of these methods are used primarily for financing real estate property acquisitions.

I can hear some of you say, “But I used these for redeveloping a house or a few apartments.”

Well that is not what we, in the development world, mean when we say real estate development; we call that a renovation or a refit.

So financing real estate development is financing a completely new development and mortgage financing is not the correct tool for the job.

So How Do They Differ?

The easiest way is to give you a quick comparison between a mortgage financing and financing real estate development.

With a mortgage you essentially are buying property; be it land or a residential house on land, or an apartment … and you are buying it to own for the long term; that is 15 to 30 years.

When financing real estate development you are looking at financing an entire project, of which the land is one tangible part and the other part comprise building Plans.

At completing of the project you plan to sell all of what you have created and repay the financial institution what you borrowed for financing real estate development.

You might ask, “What if I want to keep some of what I have created and not sell everything? Great question.

The answer is simple. All the money you get from the sales of your product is paid back to the financial institution and you then take out a long term mortgage for the product you want to own long term.

Just to be clear on that point

All of the products you sell will include a profit. So by careful calculation and planning you can balance the number of products you retain, so that your profit is left as equity in the investment and the amount of mortgage borrowing is minimal.

Depending on your taxation rules in your country, leaving money in the investment as suggested, is a way of not ‘realizing’ your profit in a cash form and so attracting tax. But naturally you should check out your local tax laws.

Now back to financing real estate development.

As mentioned earlier, you are not just buying land when financing real estate development. You are asking the financial institution to approve the purchase of the land, as well as the construction of the whole project.

To arrive at the position where you can make a Financing Real Estate Development Application, you will need a set of approved development plans, costings and a Real Estate Development Feasibility Study.

Many people who want to get into the development business, make the mistake of finding and buying land ‘first” and borrowing mortgage financing, which is what they are used to doing.

Only to find out later that they will have to discharge the mortgage and borrow the correct funds for financing real estate developments all of which costs money.