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My girlfriend just got a new attending job coming out of fellowship. She'll be making 220k, has debt of 120k. She has decided she wants to pay this off rather than wait for PSLF since that would be seven years out. Average interest rate is 6.8%.
She is still in fellowship for the next three months, but has already signed her contract and will be starting Sept 1. Obviously, she would like to avoid the interest accruing at the higher rate during this time and refinance now rather than wait until Sept 1 when she has proof of income.
I heard of a few companies that would refinance with only a signed offer letter for a new attending, but cannot remember which companies those were. We were wondering if anyone had similar experience refinancing their loans in the final months of fellowship or any advice generally about the process? Assuming most of the WCI partners forgive the debt if you die, become disabled, etc. like the federal government.
She is still in fellowship for the next three months, but has already signed her contract and will be starting Sept 1. Obviously, she would like to avoid the interest accruing at the higher rate during this time and refinance now rather than wait until Sept 1 when she has proof of income.
I heard of a few companies that would refinance with only a signed offer letter for a new attending, but cannot remember which companies those were. We were wondering if anyone had similar experience refinancing their loans in the final months of fellowship or any advice generally about the process? Assuming most of the WCI partners forgive the debt if you die, become disabled, etc. like the federal government.