LOANS Your church has a future It has potential for growth and an opportunity to reach deep into your community with the Gospel. What better feeling to know that your ministry is playing a part in God’s redemptive work—a dream you’ve always nurtured.

But there’s just one problem—your church is in desperate need of repair or upgrade.

Church improvement loans are limited to LCMS congregations and include:

  • First 12 months interest only at LCEF Cost of Funds (COF)
  • Second 12 months interest only at LCEF COF plus up to 2.5%
  • Remaining term (up to 8 years) fully amortized and indexed (COF + up to 2.5%) adjusted monthly, quarterly or annually.
  • 1 and 2 rated loans unsecured. (3 rated may but determined at underwriting)
  • $150K aggregate per borrower.
  • Loan Fee: $500 minimum up to 1% of committed amount.

Church improvement loans can be used on:

  • Critical repairs that can lead to substantial damage and cost if not fixed in a timely manner.
  • Upgrades that enhance your church’s appearance and comfort.
  • Projects that improve energy efficiency and save money in the long term.

Let us show you how we can help

The Church Improvement Loan is designed to help churches fund critical church repairs and upgrades.

Contact your District Vice President (DVP) who can help you explore the LCEF Church Improvement Loan. Or you can take a brief assessment now.