United Methodist Development Fund

The United Methodist Development Fund (UMDF) is an investment channel for making loans to build sanctuaries, parsonages, and other mission-related buildings.

You can support the growth and ministry of United Methodist churches by investing in UMDF. Your investment provides loans to help churches build and renovate their facilities for mission and ministry. The UMDF then pays you dividends on your investment.

Investments

Investments may be purchased for as little as $100. The UMDF's sole purpose is to promote the mission of The United Methodist Church by providing first-mortgage loans to churches.

Category	Interest Rate	Effective Date
1-year term	1.25%	01-Jan-2013
2-year term	1.50%	01-Jan-2013
3-year term	1.75%	01-Jan-2013
Flexible Demand	0.75%	01-Jan-2013
IRAs (Individual Retirement Accounts)	1.75%	01-Jan-2013

Church Loans

UMDF provides first mortgage loans for United Methodist churches, districts, city societies, district unions, and conference church extension societies; for new construction, renovations, additions, relocations, and parsonages.

Effective February 10, 2012, for new loans:

• Loans will be written at the rate of 4.75% for up to 20 years.

• The minimum amount for a loan is $25,000.

New online fillable Church Loan Application Form (PDF 22 pp.)

Loan priorities for UMDF are ethnic minority local churches, first unit building construction, renovation or remodeling existing facilities, site purchases, purchase or remodeling of parsonages, and refinancing existing loans. Applications are acted upon by the directors on a monthly basis. Please contact us for the loan processing schedule and to request a loan application packet.