Private Student Loans
First Marblehead has worked with multiple national and regional lenders and thousands of colleges and universities to facilitate private student loans.
Private Student Loan Types1 structured by First Marblehead include:
- Undergraduate Loan
- Graduate Loan
- Institutional Loan Programs
And Can Offer Creditworthy Borrowers:
- Risk-Based Pricing
- Competitive Interest/Approval Rates & Borrower Benefits
- Flexible Repayment Plans & Terms for Undergraduates
- Competitive Monthly Payments
- Flexibility to Use Funds to Pay for Past Due Balances
- Loan Programs for International Borrowers
- Cosigner Release Option
- ACH and On-time Payment Discount Option
- Graduation Rebate Option
- Enhanced Online Application:
— Same-Session Decisioning
— Transparent Pricing on Customize Your Loan Screen
— Same-Session Credit Agreement
— E-sign Enabled for Qualified Programs
Benefits of Private Student Loan Solutions1 structured by First Marblehead:
- Single Solution Provider - Meets all your private student loan needs
- Competitive Pricing - Saves your students money
- Smart Borrowing Solutions - Customer strategies that emphasize responsible borrowing