Archive for adoption loan

How to Research Adoption Benefits

learn how you can afford to adopt a baby!The #1 reason couples aren’t able to adopt is that they can’t afford it. The reality is, there are tons of adoption benefits out there, you just need to know where to look! Today, we’re sharing how to get access to the adoption benefits your employer, insurance, or church offers.

If you’re on a budget, you might be surprised at the cost of domestic infant adoption. The good news is that there are many adoption loans and financing alternatives that you can take advantage of. It IS possible for you to afford to adopt a baby!

Below, we share how you can research any adoption benefits that are available through organizations you’re affiliated with, like your employer, insurance, or church.

Adoption Benefits Through Your Insurance Provider

Asking your insurance provider about your adoption might seem strange to you. But, an insurance organization called MediShare grants its members $4,600 to use on an adoption!

Hopeful adoptive couples are supported by MediShare; the company helps to defray their adoption fees. Members of MediShare can share in adoption costs up to $4,600 per adoption. For two separate adoptions, the max amount goes up to $9,200. You can learn more at

Adoption Benefits Through Your Employer

Nowadays, more and more companies are offering their employees a reimbursement to help out with adoption costs, as well as paid leave. To find out whether your employer allows adoption benefits, just ask your Human Resource Department.

If you find that they don’t provide adoption benefits, you might help them start such a program by contacting the Dave Thomas Foundation. This non-profit offers information to employers through their Adoption-Friendly Workplace program. This program’s purpose is to make adoption affordable for every hopeful adoptive parent who’s employed. For details, visit or give them a call at 1-800-275-3832.

Adoption Benefits for Members of the Military

If you’re a member of the military, you have adoption financing resources that aren’t available anywhere else. Active-duty military couples qualify for up to $2,000 per child in adoption benefits. The benefit increases to $5,000 if you’re adopting a sibling group. Get the details at

Financing for Your Adoption

Couple applying for adoption loanLifetime Adoption has some exciting news! We’ve just partnered with LightStream (a division of SunTrust Bank) to offer loans to those hoping to adopt a baby or child. This loan has been set up as an “AnythingLoan,” meaning that you may use it towards an aspect of your adoption. Some examples of uses for the Anything Loan are travel expenses or medical costs. LightStream offers a quick and easy paper-free online loan application on their website

The fixed-interest rates on LightStream adoption loans start at 5.99% APR with AutoPay. You can obtain adoption funds from LightStream to your account the same day you apply. Loan amounts range from $10,000 to $100,000 and loan terms range from 24 to 84 months. There are no collateral requirements, no fees, no down payment requirements, and no prepayment penalties.

You can find out more about this adoption loan and discover if it fits your adoption funding needs at: