Loan Services

“Whatever you do, work heartily, as for the Lord and not for men, knowing that from the Lord you will receive the inheritance as your reward. You are serving the Lord Christ.” — Colossians 3:23-24

Church Development Fund

Helping Churches Build, Expand, and Renovate

“As a new pastor at Crestview, the communication with the United Methodist Foundation has been seamless and easy. The Foundation has helped us make ministry possible.” – Reverend Michael Precht

The Development Fund makes loans to churches and agencies in the Alabama-West Florida Conference. The Fund offers low-interest loans for up to $1 million dollars and pays attractive interest rates to investors in Alabama and West Florida.

*For loans larger than $1 million, contact us! The Foundation has the ability to negotiate with other sources for larger loans.

Types of loans

  • New church construction
  • Purchasing property
  • Major renovation projects.

The Fund accepts investments from individuals, churches, and organizations across the Alabama-West Florida Conference. The Fund pays these investors a rate of interest set each quarter and then makes loans to churches, agencies, and missions in the conference.

Loan Rates

Rates are currently 4.50% (as of January 1, 2023) and are set quarterly by the Board of Directors. After one year, loans rates may be adjusted on the loan anniversary (if new loan rates are different).
*Starting January 1, 2024, the AWF Development Fund loan rate will be 5%.

Downloadable Resources