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Home Endowment Loan Fund 

Home Endowment Fund Loans are available to Ministers of the Uniting Church who are currently in a recognised placement and who are members of the Home Endowment Fund. Loans are approved by the UCA Beneficiary Fund, subject to availability of funds.

Key Features

  • Loans up to $120,000  
  • Loan term up to 25 years. Repayment in full on retirement of member  
  • Repayment capability of up to 25% of gross income of member and partner  
  • Maximum loan value ratio of 75%  
  • Legal and insurance costs to be met by member

 

Interest rate charged at the UCA Cash Management Fund rate plus a 0.55% management fee for ministers from Victoria and Tasmania, or the UCA Cash Management Fund rate plus 1.55% management fee for ministers from all other states

For more information please contact us.

 

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