Loans

Resources Available to Congregations and Others

Congregations and other entities of the Michigan District may choose from a wide selection of loans, grants, and other programs that can help them extend mission and ministry to their communities. These resources include the following:

Investment Incentive Program

The Church Extension Fund Investment Incentive Program is an integral part of the comprehensive program that we offer to Michigan District congregations when approved for a CEF construction loan. It ties together with our mission statement that we are a ministry partnering Christians together to make resources available for members and churches of the Michigan District in carrying out the Great Commission. The Investment Incentive Program is also the centerpiece of our efforts to be good stewards of the blessings that God has richly provided to His people. For further information, visit our Investment Incentive page

Loans for New Starts

Since its founding more than a century ago, Church Extension Fund has given priority to mission congregation loans for site purchases and first church buildings at no interest cost for an initial period

Loans to Congregations

Loans are available to congregations for a growing variety of purposes including land acquisition, new construction, expansion, remodeling, new equipment, and other means of expanding mission and ministry

Housing Loans

Loans also are available to congregations for the housing of professional church workers, normally at costs well below other sources. See our "Frequently Asked Questions" document for further information.

Loans to District Organizations

Church Extension Fund extends its lending services not only to congregations, but other District entities and organizations as well to enable the expansion of their particular ministries

Grants Program

A percentage of the annual net equity gain of the Church Extension Fund is set aside for grants to stimulate innovative new methods of mission and ministry throughout the Michigan District

Advance Site Program

Church Extension Fund works closely with Michigan District officials to identify and procure advance sites for future church plantings and construction