Listed below are certain requirements that need to be came across so you’re able to qualify for refinancing the education loan with CommonBond:
The crossbreed price option is suitable for you for individuals who aren’t totally specific regarding the capacity to repay your own loan in the 5 years. In the event a little bit more chance was inside, have a tendency to using this type of bundle, consumers find yourself expenses less per month which have less interest rate than which have a great ten-year-long fixed bundle
Qualifications conditions
It is needed that you’re both a beneficial U.S. resident otherwise a long-term resident or keep certainly one of any kind of the following visas: H1-B, J-step 1, L-step one, E-2, E-3
Throughout the 2000 Term IV colleges and you can software meet the criteria having CommonBond. You must make certain your is approved and may keep a good bachelor’s knowledge about exact same
There isn’t any minimal earnings specifications that have CommonBond. But it’s vital that you understand that individuals with a low to help you average-money often find it difficult so you’re able to be eligible for a loan. Evidence of a career otherwise a letter out of acceptance regarding a potential company could be asked
