Community Center Real Estate Financing

ONLY community centers located in the following states:

  • California
  • Florida
  • Illinois
  • Indiana
  • Massachusetts
  • Michigan
  • Minnesota
  • New Jersey
  • New York
  • Ohio
  • Pennsylvania
  • Texas
  • Virginia

These funds are available both for purchases and for the replacement of existing financing for most types of buildings however we do not finance construction or vacant land.

Qualified Communities

  • 501(c)3 Organization
  • 40% equity either in real estate or cash
  • Two years of financial including balance sheet and income and expense statement
  • Minimum of three qualified personal guarantors

Transaction Amounts

$350,000 minimum and $1,300,000 maximum

Amortization

Maximum term of 20 years with 15 years strongly preferred

Ijara-wa-Iqtina Financing Method

This is time tested “lease-to-own” financing. There is never a mortgage on the property and there is no note for interest. There no penalty for early payment. If the property is sold by the community, all of the profit from the sale stays with the community.

Application Forms & Information

For Additional Information

Contact us at jsickler@myuif.com or call 734-649-3694