Why invest with us?
We were founded in 1946 by individuals who understood the unique dynamics of church financing and saw a need to help finance church building projects and provide affordable loans.
Our primary purpose and operations are providing loan assistance to churches and church-related entities so they can expand their facilities, purchase land, build, renovate, or refinance current debt.
We are able to provide these loans with the funds that are placed on deposit from individuals and organizations who value a faith-based savings opportunity.
We currently have more than 1,300 loans with churches and organizations all across North America. The vast majority of these loans are a first mortgage-backed with buildings or land as collateral, and most are guaranteed by the local district or denomination they are affiliated with. In almost 70 years of operation, WIF has never had to foreclose on a loan that we have provided.
We are an Indiana nonprofit corporation incorporated in 1960. We have no shareholders or members, and our affairs are administered by our Board of Directors. We are organized and operate exclusively for charitable and religious purposes. We are a tax-exempt entity, and no part of our net earnings inures to the benefit of any person or individual.
While WIF is not FDIC insured, we do maintain a strong capital equity percentage, currently at 18%. This translates to well over $200 million dollars of equity that is in cash or cash type investments and stands readily available to honor any depositors request for a withdrawal.
We currently have more than 9,000 investors who have come to trust WIF as their faith based savings organization. In our 72 years of operation, WIF has never missed an interest payment and has honored every depositors request for a withdrawal.
The funds that are placed on deposit with WIF are used to provide loans to churches and or church related entities. We currently have more than 1,300 loans with churches and church related organizations all across North America. The vast majority of these loans are a first mortgage backed with buildings and or land as collateral and many are guaranteed by a denomination or district conference as well. In our 72 years of operation, WIF has never had to foreclose on a loan that we have provided.