Home Christian News Joel Osteen Celebrates As Lakewood Church Pays Off $100 Million Loan

Joel Osteen Celebrates As Lakewood Church Pays Off $100 Million Loan

Now, 19 years later, the project has been paid for in full. 

Joined onstage by his wife, Victoria, Osteen was visibly emotional while announcing to his church that the debt had been paid. 

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“My big announcement today is that [as of] Dec. 31 of last year, we have officially paid off the $100 million dollar loan,” Osteen said. As the congregation rose to its feet in applause, Osteen added, “What a God we serve!”

“What God’s done for Lakewood, he’s gonna do in your life,” Osteen said. “I believe that in 2024, you’re gonna see God release you from some things that have held you back—release you from debt, release you from addiction, release you from wrong mindsets.”

Amid cheers, Joel and Victoria went on to tear up the loan onstage. 

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“Lord, I thank you that what you’ve done in the church’s life, you’re flowing down to all the people,” Osteen prayed, “releasing them from debt and addictions and hindrances. Lord, let 2024 be a memorable year. A year of more, of blessings and favor.”