Best relocation loans?

Discussion in 'Financial Aid' started by tigercub13, Apr 8, 2004.

  1. tigercub13

    tigercub13 New Member

    Joined:
    Nov 14, 2003
    Messages:
    3
    Likes Received:
    0
    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!!!!
     
  2. dwstranger

    dwstranger Senior Member
    10+ Year Member

    Joined:
    Feb 14, 2000
    Messages:
    266
    Likes Received:
    1
    I got mine from accessgroup.org. They don't require school certification, and have a limit up to $13,000.
     
  3. IsoGirl2707

    IsoGirl2707 Member
    7+ Year Member

    Joined:
    Feb 10, 2004
    Messages:
    32
    Likes Received:
    0
    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
     
  4. Homunculus

    Homunculus SDN Caveman Administrator
    Moderator Physician 10+ Year Member

    Joined:
    Jul 24, 2000
    Messages:
    3,529
    Likes Received:
    297
    Status:
    Attending Physician
    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.
     
  5. drlee

    drlee Senior Member
    15+ Year Member

    Joined:
    Nov 29, 2002
    Messages:
    198
    Likes Received:
    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?
     

Share This Page