Best relocation loans?

tigercub13

New Member
15+ Year Member
Nov 14, 2003
3
0
Chicago, IL
    Hi Everyone,

    I need some help. I am a fourth year student moving far away for my residency. I found a condo and I will be buying it, but I need some earnest money. $5K to be exact. I am looking into getting a relocation loan. Does anyone know which one is best in terms of amount given, deferrment, and rates?

    The ones I have seen so far are ....
    MedLoans
    CitiAssist
    Med Achievers
    ans Assist Group

    Any would help would be greatly appreciated!!!!
     

    IsoGirl2707

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    7+ Year Member
    15+ Year Member
    Feb 10, 2004
    32
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    Southeast
      tigercub13 said:
      Hi Everyone,

      I need some help. I am a fourth year student moving far away for my residency. I found a condo and I will be buying it, but I need some earnest money. $5K to be exact. I am looking into getting a relocation loan. Does anyone know which one is best in terms of amount given, deferrment, and rates?

      The ones I have seen so far are ....
      MedLoans
      CitiAssist
      Med Achievers
      ans Assist Group

      Any would help would be greatly appreciated!!!!

      I am in the process of trying to find a good lender also since I am planning on buying a house before I start residency and don't have enough extra money either. I would be interested to hear anyone else's opinion on these loans.

      Here is a list from my student financial aid office with websites and phone numbers.
      Medical Student Residency & Relocation Loan Programs
      Access Group
      Medical Residency Loan
      1-800-282-1550
      http://www.accessgroup.org

      ASAP/Union Bank & Trust Company
      CASL Residency & Relocation Alternative Loan
      1-888-964-2890
      http://www.asapubt.com

      CitiBank
      CitiAssist Medical Residency Loan
      1-800-745-5473
      http://www.studentloan.com/schools/kansas

      Key Bank
      MedAchiever Residency Travel & Reloaction Loan
      1-800-539-5363
      http://www.key.com/educate/grad

      MedLoan
      MedEx Residency Interview & Relocation Expense Loan
      1-800-858-5050
      http://www.aamc.org/MEDLOANS

      MOHELA
      MedCash Residency Loan
      1-800-666-4352 ext. 3200
      http://www.mohela.com

      Northstar (Total Higher Education)
      Residency & Relocation Loan
      1-888-843-0004
      http://www.northstar.org

      Wells Fargo
      MedCap - XTRA
      1-800-658-3567
      http://www.wellsfargo.com/student
       
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      Homunculus

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        tigercub13 said:
        Hi Everyone,

        I need some help. I am a fourth year student moving far away for my residency. I found a condo and I will be buying it, but I need some earnest money. $5K to be exact. I am looking into getting a relocation loan. Does anyone know which one is best in terms of amount given, deferrment, and rates?

        The ones I have seen so far are ....
        MedLoans
        CitiAssist
        Med Achievers
        ans Assist Group

        Any would help would be greatly appreciated!!!!

        I used THE (Total Higher Education through Northstar). they have a cap of 10k and are deferred along with your other student loans. only problem is i *think* you may have to have your other loans with them to qualify. definitely worth a look though.
         

        drlee

        Senior Member
        15+ Year Member
        Nov 29, 2002
        198
        0
          I am a recent graduate of Ross University. I am not eligible for any of the above Residency & Relocation loans, except for Key Bank, since my school is not included in their list of eligible schools. Anyone know of other Residency Loans for international med students?
           
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