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Bethpage Federal Credit Union
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Minimum Credit Score - 620Average
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Minimum down payment - 3 %Average
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No of states - 49Excellent
Beeline
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Minimum Credit Score - 620Average
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Minimum down payment - 3 %Average
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No of states - 16Poor
BECU
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Minimum Credit Score - 600Excellent
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Minimum down payment - 3 %Average
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No of states - 10Poor
BBVA
38
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Minimum Credit Score - 620Average
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Minimum down payment - 3 %Average
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No of states - 22Poor
BB&T
38
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Minimum Credit Score - 620Average
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Minimum down payment - 3 %Average
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No of states - 16Poor
Bay Equity Home Loans
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Minimum Credit Score - 580Excellent
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Minimum down payment - 3 %Average
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No of states - 41Average
A brief overview of college loans for parents
It is not necessary to apply for college loans for parents.How to apply for a college loan for parentsIn order to apply for the loan, you will be required to make an application at the office of the college or university the child is enrolled in.
Here’s how to avail of grants for college students
Grants for college students could be received from anywhere—private companies, corporations or the government.
Most popular student loans
Many students heading in to college avail loans to further their studies. Student loans can be used for any college released expenditure, including tuition, room and board, books, computers, and transport costs. Upon completion of the course, many are unable to pay back their loan.
Here’s what you need to know about student loans
Recent research shows that there's been an increase in the number of people opting for student loans as the college fee and relative costs have increased.The main types of student loans are federal loans and private loans.
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People Also Ask
01-Question
Driver's license, federal tax returns, bank statements, income documentation, Social Security number and W-2s are usually required to apply for student loans without a cosigner.
02-Question
Usually, it takes about 10 years to pay off student loans, however, people may take longer depending on the added interest rates and whether they are able to meet all the repayment deadlines.
03-Question
After loan approval, it can take 2 weeks to 2 months for the lender to send the loan proceeds to the college or to you, as applicable. If the money is sent directly to the college, it typically takes 1-2 weeks before the remaining money is refunded to you.