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You focus on your patients. We'll focus on you.

We understand that doctors in training and doctors in practice have different financial needs.
The SunTrust Physician Loan is designed to meet the unique needs of physicians at any point in their career.

  • Fixed pricing for consistent monthly payments
  • Interest-only payment options1
  • Generous repayment terms up to ten years2
  • No application or origination fees, no prepayment penalties, no credit life insurance requirements and no hidden charges3
  • What can you use this loan for?
  • Loan Amount
  • Interest Rate
  • Loan Term
  • How to Apply
  • Access to Funds
  • Fees
  • This loan can help physicians and dentists—in residency or starting in practice—pay for various costs, like living and relocation expenses, consolidate debt4 and more.
  • $5,000 to $100,000 5,6
  • Fixed rates as low as 7.20% APR7
    Variable rates also available
  • Repayment terms up to 10 years2
  • Apply online or by phone
  • Receive check in mail
  • No application or origination fees, no prepayment penalties, no credit life insurance requirements and no hidden charges3

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

  • If you prefer to apply over the phone, call us at 800.241.6905

Apply in 4 easy steps.

  • Step 1

    Apply Online or by Phone

    Apply in less than 15 minutes.

  • Step 2

    Preliminary Loan Decision

    If approved, a SunTrust representative will contact you within 24 hours to discuss the details and documents required.

  • Step 3

    Loan Processing

    SunTrust reviews your submitted documents, and will contact you with any additional questions.

  • Step 4

    Final Decision & Loan Closing

    Review the final approved terms and schedule a convenient day/time to send the loan documents for signing.

Important Information About These Products

1 Physician 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.

2 For example, on a $5,000 loan with variable 11.45% APR and a 10-year term, your 48 monthly interest-only payments would vary from $43.92 to $48.62, followed by 72 monthly installments of $96.35. 

3 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.

4 The SunTrust Physician Loan cannot be used to consolidate private or federal educational loan debt.

5 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.

6 Post Graduate Year (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

7 Annual Percentage Rates (APRs) are determined by creditworthiness and other factors, so your APR may differ.
Fixed rates range from 7.20% to 13.20% APR for doctors in practice and from 10.45% to 15.95% APR for doctors in training. Term limitations apply. 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. The SunTrust Physician Loan cannot be used to consolidate private or federal educational loan debt.

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 offered through SunTrust’s Physician Lending group.

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