General Guidelines
- Loan Terms up to twenty (20) years, with longer payment amortization if needed.
- Maximum Loan amount should not exceed three (3) times annual tithes and offerings and should not exceed 75% of the project cost or purchase price in most cases.
Pricing & Fees
- Loan Interest Rates are typically fixed for three (3) years and adjusted every three (3) years thereafter to WIF prevailing Interest Rate at that time.
- Interest Rates are subject to change up until Loan Closing, unless noted otherwise.
- Loan Servicing Fee of 1/2% to 1%, with $500 minimum.
Common Loan questions? Check out our Loan FAQ's here.
Update: Over the last several years, WIF has responded to record loan demand and answered the call to financially resource the local church, as we have for 80 years. Today, WIF continues to experience record loan application volume. Given this demand, we are currently considering new loan requests from churches that have a pre-existing investment relationship with WIF.