The Church Family Ownership (CFO) Program provides private financing for the Church mortgage.
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.
Be Square Bookkeeping has been retained as the Paying agent working with the Program Administrator.
Scroll to the bottom of this web page to view or download pertinent documents.