Loans Built for LCMS Schools
When it comes to financing a loan to purchase, construct or renovate a property, you can trust our supportive and knowledgeable staff to help you continue Christ’s work while being fiscally responsible.
Why Work with LCEF
LCEF offers a number of School Association Loans to help your association reach its financial goals. LCEF can also help with individual congregation financing with a number of loans for churches within the LCMS.
Click here to learn about some of the exciting school projects that LCEF has financed.
Customized Loans
Competitive Rates
Online Account Access
Types of Loans for Your School
At LCEF, we understand the unique financial challenges LCMS schools face in their mission to educate and inspire the next generation in Christ’s love. That’s why we offer a variety of flexible loan options designed to meet your school’s specific needs, whether you’re upgrading facilities, launching new initiatives or managing daily operations. Each loan is tailored to help your school thrive while staying focused on its ministry.
LCEF can also help with the financing of your congregation’s school with a Congregation Loan.
Secured Loans (new and refinanced)
Secured School Loans are designed to fund property purchases, equipment, repairs, HVAC replacements and other capital improvements. They can also be used to refinance existing loans, providing flexible solutions for your school’s needs.
Construction Loans
Bridge Loans
Bridge Loans provide short-term financing to fill the gap between construction completion and collection of building fund dollars. Bridge Loans with LCEF have just one closing, saving you time and money.
Short-Term Loans
Short-Term Loans provide seed funding for new ministry initiatives, pre-construction costs or working capital. Use these loans to cover expenses such as staff expansion, architectural fees or capital campaign support.
Line of Credit
Lines of Credit offer flexible financing for short-term capital needs, seasonal cash flow or anticipated fluctuations, ensuring your school can manage resources effectively.
Ministry Improvement Loan
The Ministry Improvement Loan is ideal for repairs, upgrades and enhancements that create a welcoming and functional space for your school and visitors. Enjoy features like interest-only payments for the first two years, funding up to $150,000 and a quick approval process for most unsecured loans.
School Association Loan Rates
| Loan Type | Rate |
|---|---|
| Monthly, quarterly or annually-adjustable | 6.625% |
| Call for fixed-rate options |
How Can LCEF Help Your School Grow?
Join Lutherans Like You
Cole Braun
“LCEF played a big part in helping us over the past six years to enhance our financial sustainability. To make a long story short, we needed to retain ownership of [our] land, create a separate entity sharing ownership of the facility, and through all of that, stir it up and find someone to bank this project and finance this beautiful $12 million building. LCEF came alongside Martin Luther, and this new entity and said ‘Yes, we can make that happen!’ It’s such a blessing to have like-minded people who understand the mission and the ministry of Martin Luther High School and our organization.”
Meet the National Lending Team
Dan Brown
Senior Vice President, National Lending Solutions
Blake Brown
Assistant Vice President, National Lending Solutions
Dan Brown
Senior Vice President, National Lending Solutions
Dan Brown is Vice President of National Lending Solutions at LCEF. Previously, Dan worked in commercial banking for over 30 years with various banking organizations and most recently served as a regional vice president leading a middle market banking team at Wells Fargo. In addition, Dan has held several board positions for LCMS organizations.
Blake Brown
Assistant Vice President, National Lending Solutions
Blake Brown is the Assistant Vice President of National Lending Solutions at LCEF. Previously, Blake served in roles at both small and large financial institutions and most recently served as a portfolio manager at Boeing. Blake is a member at Zion Lutheran Church in St. Charles, Mo.