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  #1  
6th February 2017, 08:52 AM
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DRB MBA Loan

Could you please get some information about MBA Loan offer by Darien Rowayton Bank, so that I can check it easily?
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  #2  
6th February 2017, 10:33 AM
Super Moderator
 
Join Date: Mar 2013
Re: DRB MBA Loan

AS per your concern I will get details of Darien Rowayton Bank, MBA Loan so that you can get idea about the loan.

Eligible School
Carnegie Mellon
Columbia
Cornell
Dartmouth
Duke University
Harvard
MIT
Northwestern
NYU
Stanford
U.C. Berkeley
UCLA
University of Chicago
University of Michigan
University of Pennsylvania
University of Virginia
Yale

Interest rates

Fixed Rate Loans
10 – year
6.40% (6.26% APR)

15 – year
6.80% (6.67% APR)

Variable Rate Loans
10 – year
4.72% (4.45% APR)

15 – year
4.82% (4.66% APR)

20 – year
4.92% (4.86% APR)

Eligibility
Must be a U.S. Citizen, or Permanent Resident, with a valid I-551 card and meet DRB underwriting criteria (credit history requirements and full-time enrollment status in an eligible MBA program)

EFT DISCOUNT
To qualify for the Electronic Funds Transfer (EFT) discount of 0.25%, monthly payments must be paid from a bank account

Maximum Rates
Borrowers who take out a variable loan with a term of 10 years will have a maximum interest rate of 9%.

Borrowers who take out a 15 or 20-year variable loan will have a maximum interest rate of 10%.

Address:-
Darien Rowayton Bank
1001 Post Rd
Darien, Connecticut 06820

Phone:-
+1 203-656-3500


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