Established Congregations

Adjustable-Rate Mortgages (ARM)


  • Minimum loan amount of $100,000
  • Interest rate adjusts at 1, 3, 5 or 7 years
  • Amortization of up to 25 years

This loan combines a short-term loan to finance construction (except for the one-year term) and a long-term loan that pays off the construction loan and spreads debt over many years.  The interest rate is reviewed at the end of the 1, 3, 5 or 7 year term, when the rate may be adjusted to reflect general market conditions. These loans provide financing for new buildings, additions, renovations, accessibility projects, green initiatives, land purchases, and loan refinancing. Minimum loan amount is $100,000. Maximum amortization is 25 years. $850 documentation preparation fee.



Mission Investment Fund Long-Term Loan - Fixed Rate


  • Minimum loan amount of $100,000
  • Amortization of up to 10 years

Construction generally involves two loans: a short-term loan to finance the construction and a long-term loan that pays off the construction loan and spreads debt over many years. MIF combines these two loans into one convenient loan. This long-term, fixed-rate loan provides financing for new buildings, additions, renovations, accessibility projects, "green" initiatives, land purchases, and loan refinancing.  Minimum loan amount is $100,000. Maximum term is 10 years. $850 documentation preparation fee.

Loans for Smaller Projects


  • For funding additions, improvements
  • Maximum loan amount of $100,000 (generally unsecured)
  • Fixed and adjustable rates available
  • Amortization of up to 10 years

MIF provides smaller loans for shorter periods to finance special capital projects, such as improvements or additions. Loans are available in amounts from $20,000 to $100,000. Available with a fixed rate or a five-year adjustable rate. Maximum amortization is 10 years.