Why Borrow?

Change your church for the better.

 
 

The Mission Investment Fund and its predecessors have been financing church-related building projects and land purchases for more than 90 years. Nearly 800 loans totaling more than $475 million are at work today in ELCA ministries throughout the United States, Puerto Rico and the Virgin Islands.

Here are five reasons why your congregation or other ELCA-related ministry should consider the Mission Investment Fund to finance your building project or land purchase:

  1. We specialize in church building projects.  We focus on helping congregations plan and finance building projects and land purchases. This includes helping you create a mission-focused financing plan that meets the unique needs of your ministry. We can also refinance loans with other lenders.
  2. We can finance the construction phase of your project.
  3. Mission Investment Fund offers project expertise, free of charge. 
    Our church building consultants provide counsel to congregations on building and renovation projects. Our staff architects consult with congregations and develop initial schematic designs that can be taken to a local architect. Their services are provided at no charge. The consultants and our area marketing representatives can provide information about loans and investments.
  4. Our loans are funded by the faithful stewardship of Lutheran ministries.
    The interest a ministry pays on its loan is reinvested in loans for other church building projects and land purchases throughout the ELCA.
  5. We offer competitive terms and rates.
    Unlike many commercial lending institutions, the Mission Investment Fund does not charge points, loan origination fees, or pre-payment penalties. And the fund has only one fee: a document preparation charge for long-term loans. Check our current interest rates.

Who qualifies for a Mission Investment Fund loan?

ELCA mission congregations, established ELCA congregations, synods, institutions such as colleges, universities, schools and seminaries, ELCA-related social ministry organizations and ELCA-related outdoor ministries have all benefited from the low-interest loans of the Mission Investment Fund.

Call 877.886.3522 or contact us for more information.