Site-purchase loans are for the purchase of a first-unit church building site. A down payment of 30 percent of the appraised value or cost (whichever is lower) is required. Any loan balance will be rewritten as part of a construction loan within five years of origination. Loan terms are subject to change. 

Construction loans are for the construction of a first-unit church building. The loan term is 20-30 years with a fixed interest rate. Equity requirement is a minimum of 30 percent. Loan terms are subject to change.

Building purchase loans are for the purchase of an existing building. A down payment of 20 percent of the appraised value or cost (whichever is lower) is required, and the loan term is 20-30 years. The interest rate is fixed. Loan terms are subject to change.

Many churches are now answering the call to provide affordable housing opportunities within their communities by either utilizing current property and/or building or land purchase. Our financing options help with the renovation, building purchase, and/or construction of affordable housing projects across the country.

Refinancing is available for existing church building loans. Rates and terms are similar to building- and site-purchase loans and are negotiated on a case-by-case basis. 

Loans of up to $100,000 are available with a down payment of 10 percent of the loan amount. Loan terms are 5 to 10 years, with competitive rates according to the ability to repay and the purpose of funding.

Low-interest loans are offered for post-disaster rebuilding. Financing up to $1 million is available to repair or replace disaster-damaged property owned by a United Church of Christ congregation or any Christian church regardless of denomination or religious affiliation. Church leaders must demonstrate that the congregation has a vibrant, active membership, strong community engagement and the ability to repay all loans.

We provide low-cost financing for capital projects that increase energy efficiency or reduce the environmental impact of a church building. A church may apply for up to $100,000 in financing for projects, including renovations for energy-efficient lighting, upgraded HVAC systems, energy-efficient windows, insulation, water heating systems, boilers, wiring, switches and other electrical infrastructure, among others.