Loans For Churches
The Foundation is a private, commercial mortgage lender which gives it the flexibility to do what makes sense for churches. It is a ministry partner that understands church loans are for a higher purpose.
As a part of the Foundation’s services, the Methodists Helping Methodists Fund extends first and second mortgage loans to United Methodist churches and agencies in Colorado, Wyoming, Utah, and Montana, for new construction, renovation projects, or refinancing of existing church loans.
The Foundation’s costs are typically lower than other lending institutions, and the Foundation adds value by helping ensure that the total funding plan makes sense for the size of the church’s budget.
We speak church!
A priority for the Foundation’s church loan program is to enhance the ministries of a church, not overburden a congregation by the church’s debts. The Foundation understands church income patterns, including annual commitments, capital campaigns, and seasonal trends.
Church loans may be amortized for a period of up to 20 years. Loan rates are established monthly.
Here are two churches who have used the Foundation’s loan program: Christ in Salt Lake CIty, and Parker, Colorado.
Please call (303) 778-6370 or email info@mhmfn.org for current information.
