Loans Empower New Covenant UMC and Elizabeth Lee UMC to Change Lives


Jim Pope, Director of Lending, and Lori Tucker, Loan Administrator, find their work very rewarding at the Georgia United Methodist Foundation. They help pastors, board chairs, and financial committee leaders at churches and agencies achieve their property and facility financing goals. Read on to discover how the money these two churches have saved impacts their congregations and the communities they serve.

New Covenant UMC in Douglasville Refinances Loan - By Rev. Timothy Constien, Senior Pastor

At New Covenant UMC, we consider each other family, and the overall emphasis is to love one another. NCUMC is a very giving church, willing to help those in need when they can.

Our ramp ministry helps those with a disabling condition who need help getting into and out of their house. The ramps are provided without cost to the homeowners and give them the freedom to experience life. We work with the homeless. We support Girl Scouts, Cub Scouts, and Boy Scouts. And during October, our pumpkin patch, done in cooperation with the local schools, provides funds for Thanksgiving meals to help families in need.

Years ago, the Church took out a loan with a bank, which had a balloon maturity. Higher interest rates and the costs of refinancing every five years delayed the Church’s ability to get the loan paid off.

I had experience working with the Foundation from my previous church. Since they are part of the Methodist connection, they understood what we wanted to do and supported that initiative. The refinancing was a wise use of the resources God has given us. The Church received a lower interest rate and monthly payment, enabling us to have additional funds to go towards the principal and ministries. It also eliminated the $1,000 refinance fee every five years.

Elizabeth Lee UMC in Chickamauga Purchases Property - By Rev. Zach Fitzpatrick, Senior Pastor

Elizabeth Lee UMC is a growing church that is known for serving its community. Over the last few years, the Church has started a modern worship service (The Well), opened a food pantry, and started elementary and middle school mentoring programs, to name a few. These initiatives have positively impacted the Church and the community's spiritual health.

Elizabeth Lee UMC had outgrown its existing facilities. We had planned to renovate our education building. Once COVID-19 hit, we realized the necessity of having additional space and chose to acquire the adjacent property, which had a building, with a loan from GUMF.

The Church at which I previously served, Lawrenceville First UMC, refinanced their loan at GUMF and had a wonderful experience. We chose to work with GUMF for three reasons: First, we believe in their mission of empowering people and churches to change lives. Second, their customer service is excellent. Finally, their loan rates and terms are very competitive. Not only were we able to partner with a ministry whose mission matched ours, but it also made financial sense.

The new property is a three-fold blessing. First, we use outdoor space for worship services, church gatherings, and more. Secondly, the home on the property allows us to expand Sunday School and youth ministries into the future. We are already dreaming about how God might be asking us to use the indoor and outdoor space to expand and start new ministries and missions that serve the community. Finally, the property will give us the needed space to one day expand our Fellowship Hall.

We are pleased with GUMF and appreciate all you do to serve churches like ELUMC!

To learn how we can help you achieve your property and facility financing goals, please contact Jim Pope, GUMF Director of Lending, at 770-841-5163 or, or Lori Tucker, GUMF Loan Administrator, at 770-449-6726, 877-220-5664 or