Loans

Churches that are members of the Evangelical Covenant Church may secure a loan with National Covenant Properties for the purpose of constructing a new church building or an addition to their existing church building. Loans may be secured on the terms* below. To learn more about applying for a loan, click here.

Current interest rate
Maturity
Amortization
Rate adjustments
4.5%*
20 years
20 years
every 3 years


*The interest rate, terms, and conditions are subject to change by action of the Board of Directors of NCP.