First Republic’s Personal Line of Credit offers several unique features that may not be available with medical loans, including:
Revolving access to credit: Personal Line of Credit offers convenient access for large purchases. Plus, the amount you repay will be available to draw on again during the first two years.
Make interest-only payments: With a Personal Line of Credit you have the option to pay interest only on what you draw for the first two years. Learn more about the draw period feature.
Refinance other debt: Unlike medical loans, a First Republic Personal Line of Credit can help you with other expenses — including minor home improvements, student loan refinancing, auto loans paying current and upcoming taxes and more.