The Church Family Ownership (CFO) Program provides private financing for the Church mortgage.
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CFO Information 2024
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25 families are currently invested
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$478,941 remaining debt principal January 2024
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5.25% interest rate beginning April 1, 2023 for 5 years
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$11,981 quarterly payout of principal + interest
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$2,502,470 property value per 2023 Hays County Appraisal District
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BeSquare Bookkeeping transitioning to CFO Administrator role
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Spring 2028 next Open Exchange
Additional Information
TMI Trust Company (TMI) has been retained to provide the IRA account administration for the Program. TMI is a Fort Worth owned and operated independent trust company, founded in 1954.
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Be Square Bookkeeping has been retained as the Paying agent working with the Program Administrator.
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Scroll to the bottom of this web page to view or download pertinent documents.