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Adoption Loans

Get adoption support & assistance to grow your family.

Cost can be an intimidating factor when choosing adoption but Firefly’s Adoption Loan can help cover up to 90% of  the many expenses associated with adoption.

Read more about our adoption loan in this article.

Great Rates

Great Rates

Competitive rates as low

as 6.49% APR* to grow your family.

Flexible Terms

Flexible Terms

Find a repayment option that works best for your family.
Welcome Gift

Welcome Gift

We’ll welcome your newest family member with a deposit up to $500.
Easy, Simple Application

Easy, Simple Application

Easily apply for an adoption loan with a quick closing process

Start growing your family.

Contact Us
Firefly works with a variety of accredited adoption agencies to bring you our Adoption Loan, which is an unsecured, fixed-rate line of credit that can be used to fund up to 90% adoption expenses. Upon approval, you will have 24 months to access the funds and your repayment period will begin after your first use of funds. If, and when, you need additional funds to cover adoption expenses, simply give us a call.

With an Adoption Loan from Firefly, your family can benefit from additional features to help on your road to adoption:
  • Rates as low as6.49% APR

  • No collateral requirements
  • No hidden fees or prepayment penalties
  • Flexible and affordable payment plans so you can find an option that best fits your needs
  • Funds can be issued directly to the adoption agency, if necessary, for your convenience
  • Up to $500 welcome gift for adoptive family

Adoption Loans

APR as low as
Effective September 15, 2020
Adoption Loan 6.49% Term varies; ask for details

Adoption Loan is subject to normal credit approval. Firefly partners with a variety of accredited adoption agencies - contact us for full agency qualification details. Rate based on credit qualifications and subject to change. Maximum 24 months draw period. Adoption Loan is an unsecured line of credit with rates ranging from 6.49%-8.49%APR. Minimum payment of $100 or 1.5% of highest balance after last advance, whichever is greater. Disbursement of funds will be controlled as expenses are approved. Line of credit advances must be approved by Firefly and can only be used for approved purposes in relation to the adoption expense. Welcome gift amount is based on loan amount and will be disbursed to adoptive family upon repayment of loan.

  1. Begin your adoption process with our partner, CHSLSS
  2. Once you’ve submitted your adoption application with CHSLSS, feel free to contact Firefly to get your Adoption Loan application started. However, you must complete the home study process before the loan will be finalized. 
What is the Adoption Loan?
Firefly’s Adoption Loan is a financing option available for families who are going through the adoption process with our partner, Children's Home Society and Lutheran Social Service of Minnesota (CHLSS)

How do I apply for a Firefly Adoption Loan?
Adoption Loan applicants must first complete the application with CHLSS before applying for the Adoption Loan. 

If you’ve completed the application with CHLSS and are approved, please contact us to get started on your adoption loan. Note - loan will not be finalized until the home study process has been completed. 

What expenses does the Adoption Loan cover?
Adoption Loan funds can be used to fund up to 90% of travel expenses, legal fees, medical fees, counseling fees and other fees associated with adoption as approved by CHLSS.

Does the Adoption Loan require any collateral?
No, Firefly’s Adoption Loan does not require any collateral.

What is the maximum repayment term for the Adoption Loan?
The maximum repayment term is 89 months for the Adoption Loan and is based on your rate.

Is there a penalty for prepayment or paying off the Adoption Loan early?
No, there is no penalty for prepayment or paying it off early.

Looking for Adoption Loans in MN?

Firefly provides affordable, low-interest adoption loans so you can grow your family. Our Adoption Loans are structured to give you financial support you need to make your dreams come true without high interest rates.