So you’re looking for Christian adoption loans? The first step to adoption begins with picking a program. Many people choose to adopt from foster care, as this type of adoption is often easier and less expensive than other types.
The second step involves choosing an agency to help you with your plans, as each child must have a legal contract between the adoptive parents and the state in order for the adoption to be finalized by a court. This contract will be called a “permanent plan” or a “decree of termination.”
Once you’ve completed these steps, you’ll turn to financial concerns – something that may affect whether or not you’re able to know your child before they arrive home. Most people making an adoption plan will need some amount of financing, which can include loans from private organizations.
One of the best options is a Christian loan. Since the adoption process can be lengthy, it’s important to be aware of what your options are. Let’s take a look at some of the companies that offer Christian adoption loans.
There are several Christian loan companies out there. These loans are designed to provide funding in order to make the adoption plan possible, including the court costs and legal fees in your state. There is usually a small fee in addition to the interest rate they charge on top of all financial assistance they offer.
One company that specializes in providing Christian financing for adoptions is  Citizens Bank. One of their most popular options is their Adoption Educational Loan, which can provide up to $25,000 for education expenses related to medical or psychological care associated with an adoptive placement. This can be used if you have a private agency handling your adoption process or if you’re doing it through foster care.
Another option is Our Family Fund, which can help you secure anywhere from $1,000 to $35,000 for adoption-related expenses.
With the Children’s Aid Foundation, you can receive up to $40,000 towards your adoption through their Adoption Assistance Program. Because this program is geared toward adoptive parents who have experienced infertility issues, of which I am one, it holds special significance for me personally. Their upfront fee is currently waived for those signing on, so look into them quickly if that applies to you!
Adoption Grants are another excellent resource. They are completely free and are available for families adopting privately or domestically through foster care! Be sure to forward the names of any grants you find on to other adoptive parents—if they’re available to others, they will be grateful as funding adoptions is a huge financial hurdle for many adoptive parents!
Another option to look into is adoption funding from a local church. Many churches present the topic of adoption at various times, so it’s worth asking your pastor or other members if they have any information about this.
There are many private loans available as well, such as those offered by the Christian Credit Counseling Corporation, which you can find on their website. They offer loans anywhere from $5,000 to $25,000, and their terms include a repayment plan with no interest rates or fees.
Loans like these are also commonly listed on Craigslist and other classified websites. Be aware that if you take out a loan with extremely high-interest rates from someone you don’t know, it may be difficult to pay off the debt! You will have to be sure that the benefits of taking out the loan outweigh any risk involved with working with a stranger through Craigslist—be sure to check references before deciding who to work with!
Though there are many options for Christian adoption agencies, it is important to use an agency that works with your state.
There are some Christian adoption loan companies as well as some banks and credit unions that offer loans specifically for the purpose of adopting a child. While most traditional mortgage lenders don’t have anything to do with what is considered high risk by nature of this being a relatively new form of lending, there are some who have found ways to help those who need it by offering special services just for adoption.
Some Christian adoption lenders will give you a lump-sum cash payment which you can then use towards all or part of your final adoption costs after going through the application process.
Take the time to analyze the options that are right for you!
