LOANS Organization/RSO Loans A Recognized Service Organization (RSO) is a formally recognized, separately incorporated service organization that extends the mission and ministry of the Synod but is not part of the Synod’s constitutional structure.

Financing a loan to purchase, construct or renovate property is a major undertaking for a RSO, and we understand your organization’s desire to share the Gospel while being fiscally responsible. LCEF will guide you through the entire borrowing process with care and professionalism.

Lutheran Metropolitan Ministry

Since LMM had what Genszler calls a “long-standing relationship with Lutheran Church Extension Fund (LCEF) spanning decades,” the organization worked closely with LCEF to help provide the funds needed to expand space available for services.”

Types of Organization/RSO Loans

LCEF offers a number of Organization/RSO Loans to help your organization reach its financial goals. LCEF also offers a variety of loans for churches within the LCMS as well as loans for LCMS school associations.

Secured Loans can be used for equipment and organ purchases, property purchases, repairs, replacement of HVAC systems and other capital improvements. They can also be used to refinance existing loans.

Your LCEF Construction Loan can help cover the costs of constructing new buildings or renovating existing ones. LCEF’s Construction Loans have just one closing, saving your organization time and money.

Construction Bridge Loans provide short-term financing to fill the gap between construction completion and collection of building fund dollars. LCEF’s Bridge Loans have just one closing, saving your organization time and money.

This type of loan helps with anticipated cash flow fluctuations in your organization’s operating budget.

Soft Cost Loans provide working capital for pre-construction related costs such as architecture/design fees, engineering fees, market studies, capital campaign expenses and special assessments.

If your organization exists to operate schools, the SMART Loan provides customized financing to help with the short-term needs of LCMS elementary, middle and high school associations and related RSOs.

Organization/RSO Loan Rates

Please contact us for information regarding Organization/RSO Loan rates.

Dan Brown

Vice President – National Lending

Andy Grote

Director – National Lending