physician loan, doctor loan, medical residency loan

Physician Loans

SunTrust understands the unique financial needs of doctors (MD, DO, DPM) and dentists (DDS, DMD). Whether you're still finishing your residency or you're a partner in a fast-growing medical practice, our physician loans provide flexible financing options to help you manage your expenses. With the wide range of physician loans and lines of credit we offer, you can cover living or relocation costs or consolidate existing credit card debt.

Our physician loans feature:

  • Fixed or variable-rate pricing
  • Generous repayment terms
  • Interest-only payment options1
  • Loan amounts from $5,000 to $100,000, depending on your level of training or the number of years in practice2
  • No application or origination fees, no prepayment penalties, no credit life insurance requirements and no hidden charges3

We also offer unsecured physician loans designed to meet the special credit needs of doctors still in training (in residency or a fellowship program) and those just starting to practice.

It's easy to get started

To begin, you'll need the following information:

  • Your sources of income
  • Information on your financial obligations, including balances and payment amounts
  • Asset information such as deposit accounts, 401(k) or brokerage accounts
  • Information from your co-borrower, if applicable

When you're ready, apply online or call us at 800.241.6905.

SunTrust Physician Loan Application

SunTrust makes the process quick and convenient

Once you apply, we'll make our decision quickly—often within 3 to 4 days—and contact you by mail or phone with our decision.

As soon as you're approved, we'll send a loan contract for you to sign. After we get the contract back, you'll receive your check within days.

For additional information, speak with a physician loan specialist at 800.241.6905 or use our secure e-mail form to contact us.

Important Loan Information

1Physician Loans are subject to credit approval. The interest-only payment option for loans is subject to qualification. You may qualify for interest-only payments up through your second year in practice. Renewal option contingent upon still being in training or in first two years of practice.

2The maximum loan amount available in Illinois is $40,000. The minimum loan amount available in Massachusetts is $6,001. The minimum loan amount available in Wisconsin is $25,001.

3For loans signed or executed in the state of Florida, Florida Law requires payment of a documentary stamp tax calculated on the loan amount. SunTrust will collect and forward this tax to the Florida Department of Revenue.

Physician Line of Credit is only available in AL, AR, FL, GA, KY, MD, MS, NC, SC, TN, VA, DC, and WV. Exclusions and limitations apply. Rates and/or program subject to change. SunTrust Physician Loans are not available in Vermont or the U.S. Territories.

Relationship pricing and ACH discounts are not available on loans or lines of credit offered through SunTrust’s Physician Lending group.

Contact Us

To reach a SunTrust representative:

Investment and Insurance Products:

  • Are Not FDIC or any other Government Agency Insured
  • Are Not Bank Guaranteed
  • May Lose Value

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