Canadian Baptists of Ontario and Quebec

CBOQ’s Certificate Loan program provides a unique, practical opportunity to extend the kingdom of God in our member churches. Instead of leaving your investment with a bank or credit union, you can directly invest with CBOQ and support member churches that have a need for a mortgage.

Certificate Loans made to the Canadian Baptist of Ontario and Quebec assist with CBOQ’s Church Mortgage Program. Loans evidenced by promissory notes executed under CBOQ’s corporate seal may be secured:

• At any time
• In multiples of $1000.00
• For a term of:
  • One year bearing interest at 1.25%
  • Two years bearing interest at 1.5%
  • Three years bearing interest at 1.75%
  • Four years bearing interest at 2%
  • Five years bearing interest at 3%

– Rates reviewed March 2020 –

• With interest payable on the anniversary date each year

A small penalty is charged for early redemption.

At the end of the term your loan may be:
1. Renewed for a further term
2. Redeemed
3. Donated to CBOQ

In addition you may donate your interest to CBOQ.