Thank you for visiting America’s Christian Credit Union. Available to owner and non-owner occupied, single-family dwellings. Index rate is based on the Prime Rate as published in the Wall Street Journal. In 2019, over $54,000 was given in adoption, foster & support grants. We proudly serve both personal and organizational members (ministries, churches, Christian businesses). A single person, or couple, after demonstrating additional need, may borrow up to $10,000 toward the expenses incurred for the adoption of a child… We would be honored to pray over you, walk you through our personalized loan process tailored to your adoption journey. formId: "534bb89c-d2bd-4f8d-a88b-78cb68dc5775" This option is ideal for borrowers that need funds upfront for early expenses in their adoption journey as well as adoption costs at placement. © 2020 National Adoption Foundation. For a $50,000 Home Equity Line of Credit, Quarterly Adjustable, with 70% Loan to Value at 4.75% APR, the monthly payment will be approximately $262. ACCU is here to pray over you and advise through each stage in the adoption process. America’s Christina Credit Union offers a $500 adoption grant up to 4 times per year. Insurance – You may be able to borrow from the cash value of your life insurance policy. Loans are generally in the amount of $3,000-$8,000 and you apply for the loan much like you would a grant. Loan Eligibility: Family income of $135,000 or less. Once approved you have 90 days to accept the offer. They provide low-interest adoption loans and adoption grants for families who would not be able to adopt without financial help. Lifesong for Orphans encourages Christian couples to adopt a child by relieving some of the financial burden of international and domestic adoption. Adoption LOC is an unsecured line of credit with rates ranging from 7.99%–14.99% APR. There is a $75.00 loan funding fee. This information may help you analyze your financial needs. This information is supplied from sources we believe to be reliable but we cannot guarantee its accuracy. There is a discount of 0.25% applies to automatic payments through an ACCU checking account or external account for the life of the loan. Special Needs Adoption The term “special needs adoption” is one that often needs clarification for those new to the adoption world. Completing a home study provides proof that your family is ready for adoption. In special circumstances it may be possible to receive the loan funds sooner in the process. Special Delivery recommends that adoptive parents and prospective parents seek tax … If approved, loan funds will be disbursed for qualified adoption expenses, including in-country and travel costs. The Hebrew Free Loan Association provides interest-free loans to Jewish adults wanting to adopt internationally or domestically. Loan funding fee of $75.00. Adoption offers a path to parenthood for individuals and couples who want to expand their families. They are given out by a wide array of financial institutions and include varying terms and conditions. Not all applicants will qualify for lowest rate. Loans subject to credit approval. At America’s Christian Credit Union, we have been helping families remove the financial barriers to adoption for over 10 years. Line of credit advances must be approved by ACCU and can only be used for approved purposes in relation to the adoption expense. Rates, terms, and conditions are subject to change without notice. The application must be fully completed with all videos, photos, text, and other materials submitted together. Advertised “as low as” adoption loan APR assumes excellent credit history and maximum rate discount of 0.50% APR for payments made by ACH/automatic payment. Repayment will begin the following month. 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