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Starting out or advancing your career, our Physician Loans and Lines of Credit are perfect for your changing needs.

Whether you're finishing up your residency or starting your own practice, you may need help balancing your personal and professional finances. As a physician, we know you have a lot of expenses to juggle, like medical school debt, relocation, and other career costs. That's why we offer a Physician Loan and a Physician Line of Credit with varying rates, repayment terms and loan amounts to help fit your needs and relieve financial stress so you can take the next step forward in your career.

Physician Loan
These loans are designed to help offset personal expenses while you're beginning your medical or dental career.
  • $5,000 to $100,0001,2
  • Variable rates as low as 6.75%4 APR (Prime + 2.50%), fixed rates as low as 7.20% APR3
  • Generous repayment terms up to 10 years
  • No application or origination fees, no prepayment penalties, no credit life insurance requirements and no hidden charges4
  • Apply online or by phone in 15 minutes or less
  • Receive your check within days of your approval
Physician Line of Credit
These credit lines are designed to help new and established physicians cover a wide range of personal expenses.
  • $25,000 to $100,000
  • Interest rates from 7.50% APR to 9.50% APR5 (Prime + 3.25% to Prime + 5.25%)
  • One to four year repayment terms
  • No prepayment penalties
  • Apply online or by phone
  • Receive your check within days of your approval
Terms and Conditions
There are several terms and conditions that you should be aware of as you apply for funding.
  • 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
  • Some state restrictions apply6

Important Information About These Products

1 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 Employment Commitment – Up to $50,000. Physicians and Dentist in Practice – Up to $100,000.

2 The 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.

3 Fixed Rates - In-Training: 10.45% to 15.95% APR, In-Practice: 7.20% to 13.20% APR; Variable Rates - In-Training: Prime + 5.75% to Prime + 11.25% APR, In Practice: Prime + 2.50% to Prime + 8.50% APR. Prime Rate means the highest per annum "Prime Rate" of interest published by The Wall Street Journal in its “Money Rates” listings, which was 4.25% on 6/15/17. The APR is variable and is subject to increase or decrease as the index increases or decreases.

4 For 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.

5 Prime Rate is The Wall Street Journal Prime Rate, which was 4.25% Annual Percentage Rate (APR) as of 6/15/17. The APR is variable, indexed to The Wall Street Journal Prime Rate plus a margin, and is subject to increase or decrease as the index increases or decreases.

6 Physician Line of Credit is only available in AL, AR, FL, GA, 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.

SunTrust will never send unsolicited emails asking you to provide, update or verify personal or account information, such as passwords, Social Security numbers, PINS, credit or Debit Card numbers, or other confidential information.

Subject to standard credit approval. If you are self-employed, on commission, or a substantial portion of your income is from a source other than salary, you may need to provide us a copy of your last two years' Federal tax returns. Exclusions and limitations apply. Rates and/or program subject to change without notice.

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

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