American Church Mortgage Company Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021

American Church Mortgage Company is a real estate investment trust (REIT). The Company is engaged in the business of making mortgage loans to churches and other non-profit religious organizations throughout the United States. The principal amount of loans it offers ranges from approximately $100,000 to $2,000,000. It has made approximately 201 loans to 171 churches. Out of the 201 loans it has made, 137 loans have been repaid early by the borrowing churches. The Company also own approximately $18,093,000 principal amount of Church Bonds. It offers a range of loan types, which include 25/30-year term, 20-year term, three-year renewable term and construction one year term. The Company's business operations are managed by Church Loan Advisors, Inc. (the Advisor), which provides investment advisory.