800.713.9894
281.463.7295
Fax: 281.550.9391

First Mortgage Bond Financing Cash Flow

Bond Investors Lend Money To The Church		First Mortgage Church Bond Is An I.O.U. Secured By A First Mortgage On The Church Property
Trust Company Pays The Investors Principal And Interest Collected From The Church Mortgage Payments Every 6 Months		Trust Company Deposits Bond Proceeds Into A Holding Account To Finance The Church Project
The Church Makes Mortgage Payments To The Trust Company

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