At SunTrust, we understand the financial pressures that doctors and dentists face when they're starting out.
That's why our physician loan limits are generous—from $5,000 to $100,000, depending on your level of training or years in practice. What's more, our physician loans have no application or origination fees, no prepayment penalties, no requirement to purchase credit life insurance and no hidden charges.1
Loan Limits and Repayment Options
We understand the needs doctors and dentists have when they're just beginning their careers – that's why we've designed generous loan limits.
|PGY I||Up to $25,000|
|PGY II||Up to $30,000|
|PGY III||Up to $35,000|
|PGY IV and Fellows||Up to $40,000|
|Final Year of Training and Signed Contract||Up to $50,000|
|In Practice||Up to $100,000|
Fixed and Variable Interest Rates
Low rates are available with no prepayment penalties. Our fixed rates are as low as 8.45% Annual Percentage Rate (APR)2 and our variable rates are as low as 7.00% APR2. Our variable rate changes only when the Prime rate changes.
If you are a doctor-in-training (in a residency or fellowship program), interest-only payments may be available for up to the first 48 months of your loan, and you may be able to apply to renew this option through your second year in practice.3
Apply for a physician loan online or by calling a SunTrust physician loan specialist at 800.241.6905.