If you’re ready to apply for a church loan with the Cornerstone Fund, download the application to get started. If you have questions or need assistance, please call use at 847.879.3236.

Loan application

Please note, you must be a Converge member church to apply for a loan with the Converge Cornerstone Fund.


We set the rates and terms for our loans on a case by case basis taking into account the ministry’s growth trends and cash flow, as well as the project’s loan to value (LTV) ratio. We generally issue loans on a 20-year term with a 3-year rate adjustment, which means the loan rate may adjust every 3 years based on our cost of funds. Loans for unimproved land are limited to 50% LTV and a 10-year term. Construction Loans are interest only during the build phase and the rates adjust each month. The loan automatically converts to an end loan upon the project’s completion, and the rate is set at that time. We may assess a rate surcharge on the loan during the construction period.


Loan checklist

After you fill out the loan application, make sure to download the loan checklist so you can be prepared and keep track of the loan process.