Lutheran Church Extension Fund
Lutheran Church Extension Fund
Loans
LCMS Organizations
Construction/Bridge Loans

Loan Rates

New Mission Starts4.125%
Congregational4.500%
Specialized Ministries2.500%
RCW Mortgage APR3.590%
 

Investment Rates

StewardAccount®0.375% - 1.000%
Family Emergency1.125%
5-Year Term Note1.625%

We rejoice in the task God has set before us and are thankful for the many gifts and investments LCMS members share with LCEF in order to provide LCMS organizations loans.

Construction/Bridge Loans

LCEF construction and bridge loans have just one closing, saving your organization time and money.

Terms of construction/bridge loans:

  • Fixed rate during construction.
  • All rates are 1% above the adjustable permanent rate.
  • Loans written to allow up to two years for project completion.
  • Loan fee of 1% of new money up to maximum of $15,000.

To get started:

  • Complete loan application.
  • Review application for complete and accurate information, including important date, property information, contact person, etc.
  • Locate "Articles of Incorporation" of borrower.
  • Find out if a survey of the land exists.
  • Forward any existing title work with loan application.
  • Contact your District Vice President early in the application process. They are a valuable resource and your local representative in the process.

If you have questions, you may contact us or see the frequently asked questions.

Funds for Lutheran Education

Funds put into a Coverdell Education Savings Account IRA can be used at any level of schooling, not just college. Distributions from this type of IRA are tax-free for qualified elementary, secondary or higher education costs, which can include tuition, computer equipment, room and board. And best of all, they can be used to send your children or grandchildren to an LCMS school or university.

Big Events Support Churches, Schools

Planning a wedding, buying a new house or retiring in the near future? Targeting a specific date for some of your investments can help fund those plans. Term notes are invested for a specific period of time and remain yours to redeem at the end of the term or to re-invest. While invested, they are not only building your dreams, but helping fund a loan for a school or church.

LCEF is a nonprofit religious organization; therefore, LCEF investments are not FDIC-insured bank deposit accounts. This is not an offer to sell investments, nor a solicitation to buy. LCEF will offer and sell its securities only in states where authorized. The offer is made solely by LCEF's Offering Circular. Investors should carefully read the Offering Circular, which more fully describes associated risks.
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