Church Mortgage Program

If your congregation requires a Church mortgage to assist with a building project or purchase of an existing facility for weekly ministries, FaithLife Financial is interested in supporting your ministry's development and growth.

Benefits

  • No fees or commissions.

Eligibility and Guidelines

  • Must be an established congregation affiliated with the Evangelical Fellowship of Canada or the Canadian Council of Churches.
  • First mortgages only.
  • Minimum mortgage: $100,000.
  • Loan must not exceed 50% of current value of real estate covered by the mortgage.
  • Loan repayment must not exceed 25% of congregation's total budget.
  • Appraisal and legal costs are incurred by church.

For more information call 1-800-563-6237 and ask for the Mortgage team contact or e-mail mortgages@faithlifefinancial.ca