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RCW Loan Helps Pastor During Busy Transition Time

Moving from one church to another is a busy time for pastors and their families. Rev. Craig Meissner of Immanuel Lutheran Church in Steger, Ill., went through that very process last year. He and his wife Rebekah used LCEF’s mortgage services, and said it helped make the transfer a little less chaotic.

“The loan process was very easy. It’s a hectic time when you’re getting ready to transition to a new parish, so you don’t want to deal with the frustration and hassle of shopping for loans,” Rev. Meissner said. “The rate (at LCEF) was good and competitive—it was one of the best rates we saw out there.”

Rev. Meissner said he thinks LCEF provides some advantages. The closing costs were lower than expected, he said, providing some savings at a critical time. Also, LCEF waives the need for private mortgage insurance (PMI), which can add to the cost of a home loan.

“Ultimately the advantage of LCEF is that it is through our own church body, and so there’s more of a personal understanding of pastors’ and church workers’ situations,” he said.