White Plains United Methodist Church
Debt Retirement Initiative
February 23, 2026
The CLC Mortgage has been paid in full ($355,018).
The current balance of the CLC construction loan is $1,201,711.
May 1, 2025
The time has come for us to turn our attention to retiring the remaining debt for our Christian Life Center. WPUMC currently has two CLC related mortgages, an Existing Mortgage (original CLC loan) and a Construction Loan for Heart and Home IA (lower-level classrooms).
– Existing Mortgage total is $408,318 and matures in September 2026. This is the outstanding balance from the original CLC mortgage. The interest rate is 2.65%
– Construction Loan total is $1,260,071 and matures in December 2027. The interest rate is 2.65%.
– The combined principal and interest payments for both loans total $165,600 for 2025.
Our goal is to retire the Existing CLC mortgage before it becomes due next year and eliminate the Construction Loan mortgage before we must refinance in 2027. This will free up funds which will help us grow our mission and ministry. In his stewardship message to the Corinthians, Paul says, “Now finish the work, so that your eager willingness to do it may be matched by your completion of it, according to your means. For if the willingness is there, the gift is acceptable according to what one has, not according to what one does not have.” (2 Corinthians 8:11-12).
How can you help? We invite you to prayerfully consider making a three-year pledge toward this effort. Please use the form below to submit your pledge. Should you have questions, call Jennifer Speaker, WPUMC Business Administrator. Thank you!