Where does College Ave Student Loans do business?
College Ave Student Loans is a bank based in Wilmington, DE. It was founded in 2014 and offers student loan refinancing in 50 states (and Washington, DC).
What APRs does College Ave Student Loans offer on its student refinancing loans?
The range of APRs you qualify for when refinancing a student loan vary widely by lender and will depend on your creditworthiness and the type of loan you choose. Loans with fixed rates will typically have higher APRs than loans with a variable rate.
College Ave Student Loans offers variable rate APRs that range from 2.75% to 7.25%.
Borrowers who choose a fixed-rate refinancing loan can expect APRs that range from 3.35% to 7.5% APR.
How much can you borrow via College Ave Student Loans?
Loan amounts start at $5,000 and go up to $250,000
Does College Ave Student Loans charge an origination fee?
No, College Ave Student Loans does not charge a loan origination fee.
A loan origination fee is what some lenders charge for processing, underwriting, and funding a loan. Typically fees range from 0.5% to 5% of the loan amount. Whenever possible, go with lenders that don’t charge origination fees.
Does College Ave Student Loans charge prepayment fees?
No, College Ave Student Loans does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the loan off early.
What terms does College Ave Student Loans offer?
College Ave Student Loans provides refinancing loans of 5 to 15 years.
What type of borrowers will College Ave Student Loans consider?
College Ave Student Loans considers loans applications from:
- graduate degree holders
- parents of graduates
What do you need to qualify for a College Ave Student Loans student loan refinance?
College Ave Student Loans doesn’t disclose its credit score minimum.
Note that borrowers can add a cosigner to the loan to either meet eligibility requirements or qualify for lower interest rates.
What is the estimated funding time for a student loan refinance via College Ave Student Loans?
College Ave Student Loans will typically fund loans within 7 and 14 days of approval.
- Wilmington, DE 19801 USA
- Visit Site
Other Services by College Ave Student Loans
- Washington, DC
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Rhode Island
- South Carolina
- South Dakota
- West Virginia
|Grace Period for Late Payment (Days)||6|
|No Origination Fee|
|No Prepayment Fee|
|Variable APR||2.75% - 7.25%|
|Loan Amount||$5K - $250K|
|Loan Term (Years)||5 - 15|
|Fixed APR||3.35% - 7.5%|