Adoption Assist FAQ

Once I apply, how soon do I find out if my AdoptionAssist LOC has been approved?
Once all required documents have been received, the borrower and co-signer will usually be notified within three business days regarding approval.

Is this a bank loan?
No, TUMCU is a non-profit credit union serving those in connection with the United Methodist Church.

Are there any loan fees for a AdoptionAssist, other than the interest charges?
No, applicants pay no application, origination or early repayment fees.

Do I have to reapply each year for a loan?
No. AdoptionAssist is structured as a line of credit, which you can then use over multiple years, subject to annual credit reviews.

If we still haven’t answered your question, please call us at (804) 672-0200, or send us an email at loans@tumcu.org.

Your savings are federally insured to at least $250,000 and backed by the full faith and credit of the United States government.

Equal Housing Lender - We do business in accordance with the Federal Fair Housing Law and the Equal Housing Opportunity Act.

Links to other websites have been provided solely as a member convenience. The credit union is unable to control the content of these sites and assumes no liability for the content, accuracy, or availability. Be advised that our privacy policies do not apply to linked websites, and the viewer should consult the privacy disclosure on that site for further information.