APPA/NARI Unsecured Personal Loan Program
Since 1959, the American Professional Practice Association™
and the National Association of Residents and Interns™ have
sponsored over half a billion dollars in loans to medical
and dental professionals. Mortgages, credit card bills, car
payments, office rent, taxes, and debt consolidation - for
these things and more you need funds. The APPA/NARI Loan Program1
can help. Once approved, you can be offered up to $50,000
with only your signature as collateral. And, at rates currently
as low as 9.0% APR. Use the funds to consolidate your high
interest obligations!
How much can you apply for?
|
$50,000
|
In practice three
years or longer
|
|
$40,000
|
First three years
in practice
|
|
$35,000
|
Fourth year of training
and above (including fellow)
|
|
$35,000
|
Third year of training
|
| $25,000 |
Second year of
training
|
| $20,000 |
First year of
training
|
| $15,000 |
Fourth year medical
student - Matched
|
| $10,000 |
Fourth year medical
student
|
|
Low Interest Rates - Interest-Only Payments
Now is the time to apply. Rates are low with no prepayment
penalties. You can select a fixed or variable rate. And, interest-only
payments are available for the first 24 months of any loan
and may be renewed through your first year in practice.
Applying is easy!
Simply print the application, complete it fully by printing
or typing clearly. Then, mail it to Association Services,
350 Fairway Drive, Suite 200, Deerfield Beach, FL 33441-1834.
Or, for even faster service, fax it to (954) 571-8582 for
our immediate attention. It’s that easy!
Your Choice of Low Fixed or Variable Rates
Variable Rate
10.00% APR on loans under $30,0002-
9.00% APR on loans of $30,000 or more3
Variable rates change only when the prime rate4
changes, not as your loan balance decreases as with many other
loans.
Fixed Rate
12.95%
on loans under $30,000
11.95% on loans over $30,000
Interest Only Payments
Interest-Only payments are available for the first 24 months
of your loan. For example, the monthly interest only payments
on a $5,000 loan could be as low as $41.10. Your remaining
monthly payments would each be $126.81 and your APR would
be 10.00%.
Call (800) 221-2168 extension 5 to see how low your monthly
payments can be! Specialists are available to offer assistance
weekdays 9 am to 5 pm (EST). Calling after hours? Simply leave
us a voice mail message and we will return your call on the
next business day. We look forward to being of service.
Download
Application
PDF file (25k)
1 - Provided through Physicians Service Association, a division
of SunTrust Bank
2 - 5.25% margin over Sun Trust’s Prime Rate.
3 - 4.25% margin over Sun Trust’s Prime Rate.
4 - Prime Rate as of 12/12/01 is 4.75%.
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