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Medical Refinance Loan

Commerce Bank Medical Refinance Loan 

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Get 3 payments* on us.

We’ll pay you a lump sum equal to 3 times your first monthly loan payment amount due. Apply by 1/31/19**!

Simplify your financial life by refinancing your medical education loans. You choose the term and rate, which will determine your monthly payment. With our competitive rates and flexible terms, you could save thousands of dollars over the life of your loans.

It’s a smart, easy way to get your medical career off on a strong financial footing.

Apply Now
One loan. One monthly payment. One smart way to repay your medical school loans.

Choose your refinancing option

Competitive Interest Rates and flexible terms
  • Variable rates | 7.25% APR1 for a 10-year term2 | 7.50% APR1 for a 20-year term2
  • Fixed rates | 6.75% APR3 for a 10-year term4 | 7.25% APR3 for a 20-year term4
Savings, flexibility and service for you:
  • No origination fee or prepayment fees
  • Ability to refinance federal5 and private student loans into one loan with a single monthly payment
  • A dedicated private banker assists you through the process
  • Lower your interest rate by .25% by making monthly payments using automatic debit6

How do you qualify?

Commerce Bank Medical Refinance Loans are specifically designed for graduates of medical programs at U.S. universities who meet the following requirements:

Medical Professionals who qualify:
  • Doctor of Medicine (M.D.)
  • Doctor of Osteopathic Medicine (D.O.)
  • Doctor of Dental Surgery (D.D.S.)
  • Doctor of Dental Science (D.D.S.)
  • Doctor of Medical Dentistry (D.M.D.)
  • Doctor of Optometry (O.D.)
  • Doctor of Podiatry (D.P.M.)
  • Doctor of Physical Therapy (D.P.T.)
  • Doctor of Veterinary Medicine (D.V.M.)
  • Veterinary Medical Doctor (V.M.D.)

To be eligible, you must also:
  • Be currently employed or have an employee contract pending by a medical hospital, practice or clinic
  • Be a U.S. citizen or non-citizen permanent resident of the U.S.
  • Meet minimum debt-to-income and other basic credit criteria
  • Have qualified student loans between $30,000 -$400,000 for refinancing

These are just a few of the benefits you’ll receive by refinancing your medical education loans with Commerce Bank. Let us help you simplify your finances with a Commerce Bank Medical Refinance Loan.

Apply now

Have questions?

Check out our FAQs or contact us by calling (800) 666-3910 or by email at

Loan Application & Solicitation Disclosures


* Borrower must make the first full monthly loan payment by the payment due date before receiving the bonus payment. The amount received from Commerce Bank will be a lump sum equal to three (3) times the amount of the first monthly payment amount. Borrower will receive an email from Commerce Bank within 10 days of the date the payment posts with instructions on how to receive the bonus through our payment portal. If Borrower does not respond within 30 business days of the date of the email, a check will be mailed to the home address listed on Borrower’s application. Borrower must make all scheduled loan payments.

** Application must be submitted on or before 1/31/19. Offer valid on approved and funded Commerce Bank Medical Refinance Loans only.

1 If you choose a variable rate option your rate will vary with the market based on the one-month London Interbank Offered Rate (LIBOR) as published by Reuters on its Reuters Screen LIBOR01.

2 10-year variable rate example: a borrower with a $30,000 loan and a variable APR of 7.25% will make 120 monthly payments $352.21 for an estimated total in payments of 42,265.20. 20-year variable rate example: a borrower with a $30,000 loan and a variable APR of 7.50% will make 240 monthly payments of $241.68 for an estimated total in payments of $58,003.20.

3 If you choose a fixed rate option the loan the rate will not increase or decrease for the life of the loan.

4 10-year fixed rate example: a borrower with a $30,000 loan and a fixed APR of 6.752% will make 120 monthly payments of $344.50 for an estimated total in payments of $41,340.00. 20-year fixed rate example: a borrower with a $30,000 loan and a fixed APR of 7.251% will make 240 monthly payments of $237.13 for an estimated total in payments of $56,911.20.

5 For information on the Federal Direct Consolidation program, visit By refinancing your federal student loans through a private refinance loan program, you will forgo certain benefits and options currently available to you such as federal Income-Driven Repayment plans, deferment, forbearance, and loan forgiveness options.

6 Borrower must enroll in auto debit through Sallie Mae. The rate reduction benefit applies only during active repayment for as long as the Current Amount Due or Designated Amount is successfully withdrawn from the authorized bank account each month, and may therefore be suspended during a hardship forbearance period.

Information advertised valid as of 10/25/18. COMMERCE BANK RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS, SERVICES, AND BENEFITS AT ANY TIME WITHOUT NOTICE. To view or print a PDF file, Adobe® Reader® 9.5 or above is recommended. Download the latest version.