Permanent & Construction Loans
From Vision to Dedication, CEF will work with you to find the best solution for your ministry!
Permanent Loans
A CEF Permanent Loan can be used to purchase land, a new facility, refinance your existing facility, or for maintenence.
- Easy: Simple Application
- Forms: Requires Borrowing Resolution, etc.
- Benefits: Eligible for Investment Rebate Program
- Dedicated Staff: CEF's knowledgeable Loan Department is dedicated to helping you through every step of the loan process
- Online Access: View mortgage statements on the online banking portal
- Electronic Payments: Enroll in Automated Loan Payments to make paying your mortgage simple and convenient!
Construction Loans
Construction Loans are used during the construction or remodel phase of your new building.
- Easy: Simple Application
- Forms: Requires Borrowing Resolution, etc.
- Payment: Interest Only During Construction Phase
- Dedicated Staff: CEF's knowledgeable Loan Department is dedicated to helping you through every step of the loan process
- Online Access: View mortgage statements on the online banking portal
- Electronic Payments: Enroll in Automated Loan Payments to make paying your mortgage simple and convenient!
Immanuel Macomb
Immanuel Lutheran Church and School in Macomb used a Construction Loan to build an addition to their school as well as to build a new gymnasium, The Stomps Center. The added classroom space allowed Immanuel to bring in more students from their waiting lists and bring the Gospel to many more families!