While it is far from ideal to borrow money for adoption, adoptive families may find a loan necessary to cover the larger, more immediate expenses. In some cases, you may be able to pay the loan back quickly once you receive a federal or state tax credit or are reimbursed by your employer or the military.



1.

ADOPTION NETWORK LAW CENTER

www.adoptionnetwork.com
1-800-FOR-ADOPT


Adoption Network Law Center makes available credit based adoption loans up to $50,000 with repayment terms from 24 to 84 months. Interest rates start at 9.99% and they offer same-day decisions on loan applications. You can apply online at:

http://adoptionnetwork.com/adoptiveparents/credit-based-adoption-loans.shtml

 

 

2.

ABBA Fund

http://www.abbafund.org/

P. O. Box 78800

Charlotte, NC 28271-7042

 

The ABBA Fund provides interest-free covenant loans to Christian couples who are called by God to expand their families through adoption and who need help with the "cash flow crunch" posed by adoption expenses.

 

 

3.

IVF FINANCING

www.ivffinance.com
P.O. Box 2374

Ponte Vedra Beach, FL 32004

1-888-285-9871


IVF Financing is a loan program offered through Medical Business Solutions. Medical Business Solutions offers unsecured adoption loans, as well as home equity loans. Medical Business Solutions is a general lending company, so they have a wide variety of home equity loan options, including programs for people with credit problems. You can apply online at https://www.ivffinance.com/localivffsignup.html

 

 

4.

A Child Waits Foundation

http://www.achildwaits.org/

866 999-2445 (866 999-child)

FAX: 518 794-6243

1136 Barker Rd, Pittsfield, MA 01201

cnelson@achildwaits.org

 

The foundation provides low interest loans for families who have exhausted other financial options and could not proceed with their adoption without additional help. The foundation will loan $10,000 or up to 50% of the cost of the adoption, whichever is less, with a repayment term of no more than five years. The adoptive parents must provide the initial funds to adopt. They must be working with an adoption agency licensed in the state of operation, and if approved, funds will be dispersed just prior to finalization of the international adoption. Eligibility is based upon both financial need and credit history

 

 

5.

MBNA
www.mbna.com
1-888-844-3775


MBNA Gold Option is a term line of credit up to $25,000 with repayment terms from 36 to 72 months. The variable interest rate is based upon credit history and will range from a minimum of 9.24% to a high of 25.24%.

Apply online: https://www1.fni-stl.com/cgi-bin/mbnaloannet.pl?form&track=mbnago05

 

 

6.

LIFESONG FOR ORPHANS

http://www.lifesongfororphans.org/

PO Box 40

202 N. Ford St

Gridley, IL  61744

309-747-3556

info@lifesongfororphans.org

 

Lifesong for Orphans encourages Christian couples to adopt a child by relieving some of the financial burden of international and domestic adoption. They offer Interest-Free Loans and Matching grants.


 

7.

NATIONAL ADOPTION FOUNDATION (NAF)

www.nafadopt.org

100 Mill Plain Road

Danbury, CJ 06811

203-791-3811

 

Loan programs are open for any expense an adoptive family may have before, during or after their adoption is finalized. The NAF offers the Asoption Assistance Loan through American General Financial Services. This is actually a general credit-based loan that can be used for any purpose once the funds are dispersed to you. You can apply online at

http://www.nafadopt.org/loanprograms.htm

 

 

8.

OXFORD ADOPTION FOUNDATION

www.oxfordadoption.com
4309 Crayton Road

Naples, FL 34103

239-430-6240


Oxford offers no interest or low interest loans for international adoptions, based upon financial need. Oxford will generally lend up to $5,000 per child, up to a maximum of $10,000. The typical loan terms are 0% interest for the first three years, 3% interest for the next three years, and 6% interest for the final three years, for a maximum loan term of nine years. Adoptive parents should try to obtain funds from all other sources before contacting Oxford, as they lend only the final amount of money necessary to complete the adoption where all other financial resources have been exhausted.