Jump to content
Premed 101 Forums

Increasing Loc Limit Before Residency?


Recommended Posts

At the end if residency (PGY-5) with proof of future employment (aka a letter of offer) Scotiabank will set up a transition to practice LOC for you. It's not exactly the same as the student LOC as it stays open when you are in practice (the student LOC converts to a loan that you pay off over the years). Usually the transition LOC is set up so the limit is the value of 2-3 months of your expected salary.

 

I have never heard of a bank going over 275k on the student LOC.

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

×
×
  • Create New...