-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 M2Bn5H7cmY33VYumqS8PUrMwxZIubLcgaZ1EiJoKnCkQ2mDBZmyIE42rbfwtyTnY
 kuLczoOzYipq2FsGZoRWkg==

<SEC-DOCUMENT>0000020199-03-000009.txt : 20030512
<SEC-HEADER>0000020199-03-000009.hdr.sgml : 20030512
<ACCEPTANCE-DATETIME>20030512124506
ACCESSION NUMBER:		0000020199-03-000009
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20020430
FILED AS OF DATE:		20030512

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			BORGER MICHAEL W
		CENTRAL INDEX KEY:			0001232013

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-08117
		FILM NUMBER:		03692144

	BUSINESS ADDRESS:	
		STREET 1:		1602 SOUTH TRAVIS
		CITY:			AMARILLO
		STATE:			TX
		ZIP:			79102
		BUSINESS PHONE:		8063726025

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CHURCH LOANS & INVESTMENTS TRUST
		CENTRAL INDEX KEY:			0000020199
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				756030254
		STATE OF INCORPORATION:			TX
		FISCAL YEAR END:			0331

	BUSINESS ADDRESS:	
		STREET 1:		5305 I-40 W
		CITY:			AMARILLO
		STATE:			TX
		ZIP:			79106
		BUSINESS PHONE:		8063583666

	MAIL ADDRESS:	
		STREET 1:		P O BOX 8203
		CITY:			AMARILLO
		STATE:			TX
		ZIP:			79106
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>primary_doc.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>

<ownershipDocument>

    <documentType>3</documentType>

    <periodOfReport>2002-04-30</periodOfReport>


    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0000020199</issuerCik>
        <issuerName>CHURCH LOANS &amp; INVESTMENTS TRUST</issuerName>
        <issuerTradingSymbol>unassigned</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001232013</rptOwnerCik>
            <rptOwnerName>BORGER MICHAEL W</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>  </rptOwnerStreet1>
            <rptOwnerStreet2>  </rptOwnerStreet2>
            <rptOwnerCity>  </rptOwnerCity>
            <rptOwnerState>  </rptOwnerState>
            <rptOwnerZipCode>  </rptOwnerZipCode>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeSecurity>
        <securityTitle>
            <value>Shares of Beneficial Interest</value>
        </securityTitle>
        <transactionAmounts>
            <transactionShares>
                <value>13000</value>
            </transactionShares>
        </transactionAmounts>
        <ownershipNature>
            <directOrIndirectOwnership>
                <value>D</value>
            </directOrIndirectOwnership>
        </ownershipNature>
    </nonDerivativeSecurity>

    <nonDerivativeSecurity>
        <securityTitle>
            <value>Shares of Beneficial Interest</value>
        </securityTitle>
        <transactionAmounts>
            <transactionShares>
                <value>850</value>
            </transactionShares>
        </transactionAmounts>
        <ownershipNature>
            <directOrIndirectOwnership>
                <value>I</value>
            </directOrIndirectOwnership>
            <natureOfOwnership>
                <value>Spouse</value>
            </natureOfOwnership>
        </ownershipNature>
    </nonDerivativeSecurity>


    <ownerSignature>
        <signatureName>Robert E. Fowler</signatureName>
        <signatureDate>2003-05-12</signatureDate>
    </ownerSignature>

</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----