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Our Loan Program
 
     The Loan Program was created to provide competitively low variable rate loans to United Methodist congregations, institutions and other related United Methodist organizations in North and South Carolina. These loans are available for acquiring new property, the building of new churches or United Methodist institutions, expanding or renovating existing facilities or for refinancing at lower rates all for the purpose of growing ministry across the Carolinas.

     Funding for our Loan Program comes from the Development Fund which is open to individual investors as well as United Methodist churches and institutions across North and South Carolina.
 
Current Interest Rate
on UMF Loans
3.5%
(Effective as of July 1, 2014) Interest Rates for the UMF Loan Program
are reviewed and adjusted (if necessary) on a quarterly basis by the Loan Team.
     Loan Process: Potential borrowers can obtain a copy of the Building & Loan Manual, which outlines the steps the church or institution need to take in compliance with the most current United Methodist Book of Discipline. The Foundation will administer the loan origination, negotiation and compliance through our Loan Team. Although the loan application is included in the Building & Loan Manual, you may download a copy here.
 
 
United Methodist Foundation of Western North Carolina, Inc.
Address: 13816 Professional Center Drive, Suite 100 Huntersville, NC 28078   |   Phone: 704-817-3990   |   Fax: 980-422-0390
® © Copyright 2014 United Methodist Foundation of Western North Carolina, Inc. All rights reserved.