Your SAVINGS DOLLARS in Church Extension
Mean DOLLAR SAVINGS for Your Church!
It’s called the Church Extension Investment Incentive
Program…
And here’s how it works:
We began implementing our Investment Incentive program
a number of years ago. This program allows your congregation -which has already
taken out a loan at a favorable rate of interest- to further reduce their loan
costs with additional invesments from members of your congregation. You can reduce
interest rates by .5% with 50% of the loan supported with member investments. Or,
100% of the loan value in supporting investment dollars will give your congregation
a full 1% reduction in interest.
In addition to such a significant benefit to your congregation, the
Investment Incentive Program assures an adequate supply of loan funds to meet the
growing needs of borrowing congregations like yours.
Example:
Loan amount approved for your congregation: $1,000,000
Supporting investment requirement (25%) by end of construction: $250,000
Next level to reach the .5% rate reduction on the permanent loan: $500,000
To reach the 1.00% rate reduction, $1,000,000 in investments would be needed.
(Note: Building Fund monies are excluded from the total)
Where to Begin
Church Extension Fund's tailored assistance and ongoing support strongly
encourage investors to take advantage of these opportunities. For more information,
contact Mr. Paul Wills, VP-Marketing at 800.242.3944.
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