Designed to help offset personal expenses while you are beginning your medical or dental career.
Credit lines provide added flexibility to help new physicians or dentists cover a wide range of personal expenses.
Important Information About These Products
1 Residents, 4th year medical students who have received their residency match, and Fellows — Up to $50,000. Physicians and Dentists 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. The minimum loan amount available in Oklahoma is $5,201.
3 Fixed Rates — In-Training: 9.99% to 15.95% APR, In-Practice: 7.99% to 12.99% APR.
4 For example, on a $25,000 loan with fixed 7.99% APR and a 10-year term, your 24 monthly interest-only payments would be $166.00, followed by 96 monthly installments of $353.00.
5 Prime Rate is The Wall Street Journal Prime Rate, which was 5.50% Annual Percentage Rate (APR) as of 12/20/18. 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 For example, on a $25,000 draw with a variable 8.75% APR on a 4-year line of credit, your monthly interest-only payment would be $182.00 until the line matures. The full principal amount, as well as any unpaid, accrued interest, is due at the maturity date stated in the credit agreement.
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.
Applying for a loan? Here are five things you need to know before visiting your banker.
Opening a personal line of credit is a great way to ensure you have extra money when you need it. Make sure you know how it works—and whether you’re already a good candidate.
With a home equity line of credit (HELOC), you can borrow money against the available equity in your home to pay for large expenses. Use this calculator to get an idea of how much credit you could qualify for.
Credit and debit cards may look nearly identical—and do a lot of the same things—but understanding their differences can help you spend smarter and save money.
Not only does your credit score determine if a lender will let you borrow money, but also the amount, terms and flexibility the lender will offer you.
Investment and Insurance Products:
Are Not FDIC or any other Government Agency Insured Are Not Bank Guaranteed May Lose Value
© 2019 SunTrust Banks, Inc.
Equal Housing Lender. SunTrust Bank - NMLS #93471. Member FDIC.
SunTrust, SunTrust PortfolioView, SunTrust Robinson Humphrey, SunTrust Premier Program, AMC Pinnacle, AMC Premier, Access 3, Signature Advantage Brokerage, Custom Choice Loan and SunTrust SummitView are trademarks of SunTrust Banks, Inc. All rights reserved. All other trademarks are the property of their respective owners.
Services provided by the following affiliates of SunTrust Banks, Inc.: Banking products and services are provided by SunTrust Bank, Member FDIC. Trust and investment management services are provided by SunTrust Bank, SunTrust Delaware Trust Company. Securities, brokerage accounts and insurance (including annuities) are offered by SunTrust Investment Services, Inc., a SEC registered broker-dealer, member FINRA, SIPC, and a licensed insurance agency. Investment advisory services are offered by SunTrust Advisory Services, Inc., a SEC registered adviser. GFO Advisory Services, LLC is a SEC registered investment adviser that provides investment advisory services to a group of private investment funds and other non-investment advisory services to affiliates. Mortgage products and services are offered through SunTrust Mortgage, a tradename for SunTrust Bank, and loans are made by SunTrust Bank.
"SunTrust Advisors" may be officers and/or associated persons of the following affiliates of SunTrust Banks, Inc.: SunTrust Bank, our commercial bank, which provides banking, trust and asset management services; SunTrust Investment Services, Inc., a registered broker-dealer, which is a member of FINRA and SIPC, and a licensed insurance agency, and which provides securities, annuities and life insurance products; SunTrust Advisory Services, Inc., a SEC registered investment adviser which provides Investment Advisory services.
SunTrust Private Wealth Management, International Wealth Management, Business Owner Specialty Group, Sports and Entertainment Group, and Legal and Medical Specialty Groups and GenSpring are marketing names used by SunTrust Bank, SunTrust Delaware Trust Company, SunTrust Investment Services, Inc., and SunTrust Advisory Services, Inc.
SunTrust Robinson Humphrey is the trade name for the corporate and investment banking services of SunTrust Banks, Inc. and its subsidiaries, including SunTrust Robinson Humphrey, Inc., member FINRA and SIPC.