Are you ready to start your residency? If you need money for relocation or living expenses, then it's time to give our residency loan a thorough examination.
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Residency Program Examples |
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3 year |
5 year |
| Borrow up to: |
$50,000 |
$75,000 |
| Payments: |
No payments until 6 months after residency ends |
Interest only payments starting in the beginning of the fourth year |
| Advances |
$15,000 years
1 and 2, $20,000 year 3
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$15,000 each year |
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If you are ready to apply, you can apply by phone 24 hours a day using our automated loan system, Push Button Loans, or use our online application. Of course, you can call us or stop by any branch.
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No pre-payment penalty |
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Competitive rate based on Wall Street Journal Prime + 1%. |
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Credit life insurance can be added to loan |
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| Rate is variable. Interest accrues over life of loan. Principal advanced plus interest accrued is due in full six months after residency. Subject to credit approval at maturity loan can be rolled into an Executive Line of Credit or termed out for 12 years with a variable rate of WSJP + 1%. |
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