ADF Loans
Current ADF Loans
Established Churches*
(Repricing at Annual Review)
Extension Church and First Worship Property Loans*
(An extension church is defined as one being within eight years of its start-up date, the date when worship services began.)
*Call for current interest rates, toll free at (888) 878-3060
- Interest rates can possibly be lowered through "self-funding," which involves individuals Investing In ADF for the purpose of funding the loan. ADF would be happy to provide more information regarding this program via telephone, toll free at (888) 878-3060.
- Most loans are adjustable rate, with interest rates and monthly payments being adjusted annually. ADF's loan rates tend to be stable, as they are based on the cost of relatively long-term investments rather than typical market indices such as the prime rate.
- Loans are placed on 15- or 20-year amortization schedules. Construction loans are placed on interest-only payment status until the final loan draw is taken, at which time the 15- or 20-year amortization begins.
- ADF charges no loan origination fees or late payment penalties. ADF also will prepare the promissory note and mortgage or deed of trust for the loan in order to save the borrower the expense of having an attorney prepare them. The borrower is responsible for all closing costs, including a title insurance loan policy.