WHAT IS SUBFOUR?
SUBFOUR (aka Sub4) is an initiative focused on reducing LifePointe’s total debt from $4.3 million to under $4 million.
WHY ARE WE DOING THIS?
Our mortgage is a commercial loan, and like most commercial loans, it requires refinancing every five years. The next refinancing happens in 2026. Lowering our debt now saves us in a couple ways:
- Smaller Loan Amount = Smaller Monthly Payments
- Dropping Below $4 million May Qualify US for a Better Interest Rate
WHY ACT NOW?
Since we took out the loan in 2021, interest rates have gone up. A 1% increase could mean an extra $4,000 per month in payments.
However, if we reduce our total debt now - especially below $4 million - we can help offset that increase and possibly get us a better rate.
DATES?
This initiative will be open from October 1st, 2025 until December 31st, 2025.
FAST FACTS
1. Current Monthly Mortgage: About $27,000
The good news? We’ve comfortably made these payments - while doubling both our Sunday morning attendance and annual giving since moving into our building!
2. Less Debt = More Ministry
Paying down debt faster means more money for outreach, ministry, new staff, and future opportunities.
3. This Is a One-Time Gift
Sub4 is not a multi-year pledge campaign. It’s a one-time, tax-deductible gift focused solely on reducing debt. Every dollar will go to pay down the principal. Yes, we’ll have future building campaigns - like the Stable building (Coming Fall 2026) - but this is different.
WANT TO HELP?
Have questions or want to give?
Contact our Leadership at leadership@churchonafarm.com
You can give online HERE
You can pay with cash or check (please indicate that gift is for SUB4).
