Laurel Road

 

Laurel Road is a preferred provider of the Emergency Medical Resident Association and specializes in providing low rate student loan refinancing, to young physicians. Laurel Road also offers a suite of online graduate school loan products, personal loans and mortgages that helps simplify lending through technology and personalized service.

In April 2019, Laurel Road became part of KeyBank, one of the nation’s largest bank-based financial services companies and Member FDIC.

 

Resident and Fellow Benefits

Student Loan Refinancing

EMRA residents pay only $100 per month throughout training.2

Benefits Include:

  • EMRA members receive an additional 0.25% rate discount when refinancing with Laurel Road.1
  • Entirely online application allows physicians to get rates in minutes.
  • Residents pay only $100/month all through training.2
  • Join the many customers who have saved with Laurel Road.3
Click here to apply

Mortgage Lending

Home buying on the horizon?

Home buying on the horizon? Laurel Road’s simplified online mortgage platform helps you close fast and passes savings on to you.  With a range of home financing options and low rates, our mortgages are designed to fit the needs of physicians like you.

Mortgage Benefits Includes:

  • EMRA Members can receive up to $1,650 off closing costs5
  • Up to 100% financing6
  • No monthly mortgage insurance payments (PMI)
  • Digital application experience—and human support when you need it.
Check your mortgage rates today

Laurel Road is a brand of KeyBank National Association. All loans are provided by KeyBank. NMLS# 399797. Member FDIC.

Personal Lending

Planning your next big trip?  Laurel Road’s low-APR personal loans can be used for big expenditures like vacations, home improvements, credit card consolidation and more.  Residents can borrow up to $45,000 depending on year of residency.

Personal Loan Benefits Include:

  • EMRA Members receive an additional 0.50% rate discount when taking a personal loan with Laurel Road.4
  • Special repayment options during training
  • Autopay discount – eligible for discount of 0.25% when monthly payments are made automatically from a bank account 4
Click Here to Apply
 

Alumni Benefits

Student Loan Refinancing

EMRA residents pay only $100 per month throughout training.2

Benefits Include:

  • EMRA members receive an additional 0.25% rate discount when refinancing with Laurel Road.1
  • Entirely online application allows physicians to get rates in minutes.
  • Residents pay only $100/month all through training.2
  • Join the many customers who have saved with Laurel Road.3
Click here to apply

Mortgage Lending

EMRA Members can receive up to $1,650 off closing costs5

Home buying on the horizon? Laurel Road’s simplified online mortgage platform helps you close fast and passes savings on to you. With a range of home financing options and low rates, our mortgages are designed to fit the needs of physicians like you.

Mortgage Benefits Includes:

  • EMRA Members can receive up to $1,650 off closing costs5
  • Up to 100% financing6
  • No monthly mortgage insurance payments (PMI)
  • Digital application experience—and human support when you need it.
Check your mortgage rate today

Laurel Road is a brand of KeyBank National Association. All loans are provided by KeyBank. NMLS# 399797. Member FDIC.

Personal Lending

Planning your next big trip?  Laurel Road’s low-APR personal loans can be used for big expenditures like vacations, home improvements, credit card consolidation and more.  Borrow up to $80,000 with a personal loan if you're in practice or within 12 months of completing training and have a signed contract to practice.

Personal Loan Benefits Include:

  • EMRA Members receive an additional 0.50% rate discount when taking a personal loan with Laurel Road.4
  • Special repayment options during training
  • Autopay discount – eligible for discount of 0.25% when monthly payments are made automatically from a bank account 4
Click Here to Apply
 

Medical Student Benefits

Student Loan Financing

Medical School Loans

Whether you’re just starting out or heading into your final year, Laurel Road’s new medical school loans get you through medical school with low rates and no origination fees.

Medical School Benefits Include:

  • EMRA members can receive a $100 cash bonus when they take out a medical school loan with Laurel Road7
  • Easy online application
  • Flexible repayment terms
  • Option to defer payments while in residency8
Click here to learn more

 

Personal Lending

Personal Loans for Residency Interviews

Ease the financial burden of interviewing for residency positions with a personal loan from Laurel Road to cover the costs associated with interviewing. EMRA student members in their 4th year of medical school can borrow up to $15,000.

  • EMRA student members receive an additional 0.50% rate discount when taking out a residency interview loan with Laurel Road4
  • Special repayment options during training
  • Autopay discount – eligible for discount of 0.25% when monthly payments are made automatically from a bank account 4
Click here to apply

1The 0.25% EMRA member rate discount is offered for student loan applications from EMRA members in good standing and EMRA alumni. The rate discount will end if EMRA notifies Laurel Road that borrower is no longer in good standing. Offer cannot be combined with other offers, except any discount for making automatic payments.

2 Click here for APR and Payment Examples and more information about the $100 monthly payments.

3Savings vary based on rate and term of your existing and refinanced loan(s). Refinancing to a longer term may lower your monthly payments, but may also increase the total interest paid over the life of the loan. Refinancing to a shorter term may increase your monthly payments, but may lower the total interest paid over the life of the loan. Review your loan documentation for total cost of your refinanced loan. 

4The 0.50% EMRA member rate discount is offered for personal loan applications from EMRA members in good standing and EMRA alumni. The rate discount will end if EMRA notifies Laurel Road that borrower is no longer in good standing. An additional 0.25% "Automatic Payment Discount" is available for making automatic payments from a bank account. Both discounts do not reduce the monthly payment, instead the discounts are applied to the principal to help pay the loan down faster. Both discounts cannot be combined with other Laurel Road offers, including the Referral Program.

5Laurel Road is offering up to $1650 in lender’s credit towards mortgage closing costs for applications from EMRA members in good standing and EMRA alumni. An $1000 credit will be applied at application and up to $650 can be earned as a “Reward”. Credits cannot exceed applicant’s actual costs to close. Offer cannot be combined with other offers. For more information on “Rewards” see the Rewards Program disclaimer using this link http://www.laurelroad.com/partnerships/emra/#emraDisclaimers

6 100% financing is only available only when purchasing or refinancing with no cash out on a primary residence and loan amount does not exceed $750,000 and borrower meets credit requirements.  Not available in California. 

7The EMRA $100 cash bonus is offered for applications from active EMRA members. The loan application must close in order to qualify for the bonus. Cash bonus will be paid within 45 days of closing. Offer cannot be combined with other Laurel Road offers, except any discount for making automatic payments. Existing customers are not eligible. 

8 Terms and conditions apply. For more information visit https://www.laurelroad.com/partnerships/emra/med-student/.

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