LACE is honored to be a partner in your Ministry!

Serving self-supporting WELS & ELS organizations since 1960.

The primary purpose of LACE is to provide congregations with low-cost loans.

These loans can be used to refinance current mortgages; construct, expand or renovate church/school facilities; parsonage or teacherage construction; or to complete miscellaneous projects such as purchasing an organ or fixing a roof.

Loan Terms

Fixed Rates of 10 & 15 Years & Five-Year Balloons of 20, 25 & 30 Years.

Loan Purpose

Primarily to WELS & ELS religious organizations that are self-supporting.

All Loan Rates

7.5%

Construction Loans

Typically make interest-only payments for the first six months.

Your investment is needed for the increasing ministry demands!

LACE provides a channel through which congregations and members can privately purchase investments and receive annual interest payments. These are designated to your project to lower the total interest charged on the loan.

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The purchase of LACE’s securities is subject to risks, which are described in our Offering Circular. This is not an offer to sell you our securities and we are not soliciting you to buy our securities. We will offer and sell our securities only in states where authorized. The offering is made solely by the Offering Circular.

We provide congregations with low-cost loans to support the church in fulfilling its mission of sharing the Gospel of Jesus Christ.

How We Help

Support

The primary purpose of LACE, being a Christ-centered servant, is to provide congregations with low-cost loans to support the church.

Raise

LACE helps raise funds for congregations through investments, allowing access to low-cost loans to support the church.

Expand

Partnering your investments and loans with LACE provides congregations low-cost loans to expand their missions.

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The Lutheran Association for Church Extension, Inc. (LACE), established in 1960,

is a non-profit organization serving congregations of the Wisconsin Evangelical Lutheran Synod and the Evangelical Lutheran Synod throughout the United States.

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