First United Methodist Church, Silsbee financed a building project at a commercial bank several years ago when interest rates were higher. Interested in a renovation to further improve the facilities, church leadership contacted Betty Millard, Heartspring’s loan officer, about refinancing the existing loan and obtaining funding for the new project. Betty worked with Pastor Dan Darby and church officials to combine lower rates on the existing loan and competitive renovation funding in one package, allowing the church to be good steward of its resources.
“Not only did the folks at Heartspring understand the ‘Methodist system,’ they were able to offer competitive rates, design a package that worked for us and completed the loan without any closing costs,” said Rev. Darby. “Our new and updated facilities help better serve our congregation and our ministry.”
Heartspring Methodist Foundation can tailor a loan for your project. As a nonprofit charitable foundation dedicated to serving the churches of the Texas Conference, we often can provide lower rates and fees than do for-profit commercial banks.