Investment Opportunities
Current Interest Rates:
2.20% for one year.
2.45% for two years.
2.70% for three years.
New from the Pentecostal Financial Services Group (PFSG)
Pentecostal Financial Services Group recently set in place a $3,000,000 line of credit with TD Canada Trust. The main purpose of this credit line is to support PFSG certificate mortgage investors in the event of a church default on interest or principal payments. However, in the 48-year history of the Certificate Mortgage program, no investor has ever lost any money. This new line of credit is a safeguard for PFSG investors which PFSG never desires to use. It is encouraging that a financial institution as large and as credible as TD Canada Trust would give such a significant line of credit to to PFSG. We believe that this demonstrates the credibility of the PFSG mortgage portfolio. Another investor safeguard is a $1.5 million PAOC Endowment Fund bringing the total amount of investor safeguards to $4.5 million.
PFSG Certificate Mortgage Program 
For over 45 years, the PAOC has operated a certificate mortgage program without any loss of interest and/or principal by investors. Recently, the PAOC created the Pentecostal Financial Services Group (PFSG) in order to make the administration of the certificate mortgages much simpler. At present more than $51 million is invested in PFSG certificate mortgages.
A Few Important Facts
A certificate mortgage investment takes the lending needs of churches out of the hands of the bank and into the hands of people like you -- kingdom-minded people who want to see the growing work of the church in their communities and around the world. A certificate mortgage:
-
Enables our PAOC churches and other institutions such as Bible colleges to construct new buildings
-
Is only loaned as a first mortgage to a church or other institution
-
Offers a higher rate of interest to investors than government GICs
-
Pays interest semi-annually
-
Is supported by a $3,000,000 TD Canada Trust line of credit plus a $1.5 million PAOC Endowment Fund.
-
Can be invested for a one-, two-, three-, four- or five-year term
Participants are welcome to begin investing at $5,000. For current interest rates and further information on how you can help build the kingdom, please contact Sharon Cini, Certificate Mortgage Administrator, at 905-542-7400 Ext. 3231 or scini@paoc.org.
________________________________________________________________________________________________
Read a testimony of how the Certificate Mortgage Program has blessed one church:
Calvary Pentecostal Church
Calvary Pentecostal Church in Peterborough recently retrofitted a manufacturing facility to provide us with a new church home. After construction, we have an 1,100 seat main auditorium and 107,000 square feet of ministry space on a 13.5 acre site.
By refinancing our entire $4,350,000 of debt with the PFSG, we are benefitting from a favorable interest rate, along with the 
freedom to pay off the principal amount in a much shorter period of time than we would with other financial institutions. These benefits have freed up revenues for our ministry and missions budgets.
We are grateful to PFSG and the many mortgage certificate holders for this opportunity; it has been a genuine blessing.
Reverend Frank Patrick,
Lead Pastor