Loan — disaster relief

Purpose: To provide low cost loans to congregations of the Presbyterian Church (U.S.A.) in communities that have been officially declared state or national disaster areas.

Disaster relief loans up to $50,000

• payment may be spread over 10 years
• discounted interest rate (currently 2% below regular GA rate)
• discount is applied for first ten years
• loan is interest free during the first year
• loans are secured by a promissory note guaranteed by presbytery

Disaster relief loans from $50,001 to $450,000 (maximum)

• payments may be spread over 20 years
• discounted interest rate (currently 2% below regular GA rate)
• discount is applied for first ten years
• loans are secured by a mortgage, promissory note cosigned and guaranteed by presbytery and a title policy

Need more than $450,000?

We can provide low cost funds from our regular loan programs. These mortgage payments can be spread over 20 years and offer low rates.

Loan Application Information

Download your application right now.

For additional information and support, please call or email the Presbyterian Investment & Loan Program today. Call:

• Ben Blake, VP, Sales & Marketing, (800) 903-7457, x5865
• Judy Walton, Director of Credit Operations, (800) 903-745, x5231
• Eric Moore, Director of Loan Operations, (800) 903-7457, 5890

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