Refinance Loans

Quick Points

• Loans are amortized over a period not in excess of 25 years.
• Copies of financial records and attendance history from the past 3 years are to be provided to Church Investors Fund at the time of application.
• The first term of all loans is ten (10) years. This term is divided into two fixed five-year periods.
• At the end of each “fixed” term, loans are considered for renewal and interest rates and payment amounts are adjusted to current market rates.
• Interest is charged and due once per month.
• Payments may be electronically transferred directly from the church’s bank account if desired.
• Loans are secured by a mortgage on your property.
• A one time origination fee is charged at the time the loan is set up. The loan origination fee on new loans is 0.5% to 1.00%.

Church Investors Fund Loan Application is available for download. You must have the Adobe Acrobat Reader plug-in in order to view these pages. The Reader is available for download free of charge at www.adobe.com.