How to Finance Your Journey
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Blossom Family Solutions would love to help you partner up with Future Family to help finance your IVF needs! They have a whole surrogacy program that might help alleviate some big costs upfront. Here is some information from Future Family regarding various ways to pay for your journey:
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From traditional lines of credit to specialized loans, the expecting parent(s) may qualify for financing to fund their surrogacy journey.
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Financing can include:
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Home equity loans or lines of credit, using a home or property as collateral.
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Borrowing from a retirement plan or 401k, which you must repay within a certain period.
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Credit cards or personal loans borrowed from a bank or credit union. Be aware that there are five key areas to consider when choosing credit cards vs. loans.
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Fertility financing loans, which are specifically designed for family-building processes. Fertility loans like the ones provided by Future Family have fixed interest rates, helping you to save money in the long run.
Saving Money
In addition to saving money for the gestational surrogacy itself, intended parents can find ways to save money by locating low or 0% APR surrogacy loans, choosing cost-effective gestational surrogacy services, and making frugal lifestyle choices.
Fundraising
Some future parents look to crowdfunding sources to raise funds for their gestational surrogacy, while others organize and host community fundraising events. Fundraising with a future family in mind can also involve monetizing a hobby or asking friends and family for donations to ease the overall financial burden.
Gestational Surrogacy Grants
Fertility grants can be incredibly beneficial, and Resolve.org has a comprehensive list of grants offering between $1,000 and $10,000 to intended parents.
Many fertility grants come with usage restrictions, and some have specific eligibility requirements that may or may not apply to your family’s circumstances. Thoroughly research your options to find a grant suited to your needs.
If you’re stuck on this, you’re not alone. How to pay for IVF is a big and complex question many prospective parents face. After all, the financial side of fertility treatment is a significant part of the process, and roughly 75% of people do not have IVF coverage.
As a trusted fertility lending expert, Future Family wants to offer you helpful insights—not only to help you find a practical and realistic solution to cover your costs but also to make your entire IVF journey less stressful and more joyful. Please reach out to Blossom Family Solutions for a tailored experience and let your intake coordinator know you are interested in possibly financing part of your journey through Future Family!