Church To Burn Its Mortgage Sunday

Welcome to the LoanSafe Forums!
Get free mortgage help today. Since 2007, the LoanSafe forums have helped millions of homeowners over the last 13 years either save their homes with a loan modification, obtain a short sale, forbearance, or walk away legally from their underwater mortgages.
Register for FREE

Moe Bedard

Call 1-800-779-4547
Staff member
Loan Safe Mortgage
Aug 10, 2007
26,855
467
1,000
49
Southern California
www.loansafe.org
(Source: Hutch News)- The fire department should be forewarned, a local church will be having a controlled burn Sunday morning.Emanuel Lutheran Church will be burning its mortgage.

It may run counter to current studies that show more people than ever are turning away from church, but there were enough parishioners stepping forword to pay off a $1.8 million loan in just 12 years for the expansion at 140 E. 30th Ave., Hutchinson.

Good stewardship and refinancing at a lower interest rate contributed to reaching the goal in such a short period of time, said the Rev. Tim Carey.

The expansion, which included a parish hall, increased the church’s size by 60 percent. It also permitted the church to become more active in the community, including serving the annual community Thanksgiving dinner to hosting large public meetings.

READ MORE: http://www.hutchnews.com/lifestyle/religion/church-to-burn-its-mortgage-sunday/article_5dceb025-7567-52a2-bbaa-cb23d0653d69.html