If your organization needs low-interest financing for acquiring property, new construction, expansion, renovation, or refinancing existing debt, consider a loan from the UMF Development Fund.

More than Just a Lender.

When the Foundation services your loan, we are more than a lender. We’re your ministry partner.

Since 2006, the Loan Program has met church-related ministries’ need for easier, low-interest loans without upfront costs or prepayment penalties. Funds for your loan are provided by individuals, churches, and organizations who invest in the UMF Development Fund, embodying the spirit of Methodists helping Methodists that makes a Foundation loan unique.

Loans are available to United Methodist Churches and related-organizations across North and South Carolina.

This rate is evaluated quarterly and may be adjusted based on market conditions. Our goal has been, and continues to be, to offer a favorable-rate loan that is below that of a commercial loan.

5.5% Current Borrower Rate
Evaluated Quarterly
  • Low interest rate (variable)
  • No loan origination fees
  • No appraisal required
  • 15-year amortization period
  • No prepayment penalties
  • Loan amounts as low as $100,000

Application Process

Our UMF Building and Loan Manual can be accessed here and our Loan Application can be accessed here. Contact the Foundation office and we will guide you through the process. Loan applications are received and evaluated on a rolling basis by our Loan Team after a thorough review of your application.

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