Sparrow is a relatively new lender who is dominating the student loan refinance space by providing you with a simplified student refinancing loan experience. You no longer need to waste time applying one lender at a time. With Sparrow, you can compare multiple loans through a single application and Sparrow works to find you the best offers automatically. With three simple steps, you can have a pre-qualified offer in front of you all with the help of Sparrow’s powerful app. Read more on these steps below before filling out your application.
For starters, the first stage of the applications consists of you answering a few simple questions. From this data given, they will crunch the data on their backend to help generate personalized rates that will work for you from a plethora of different lenders. The second part of this process is getting the lenders to compete for the best rate for you. These lenders go head to head working to provide you with the best rates available. The last step in this process is working with Sparrow to help you choose the best loan based on your financial situation. It is really that easy. You provide your financial information and Sparrow does the rest.
Sparrow offers a proven track record that they stand behind. The entire process is riskless because shopping around for these rates does not affect your credit score. With Sparrow, you can refinance up to $500,000 in student loans. All of the loan data is transparent so before you select a lender, they give you a full breakdown of what your monthly payment will be to your lender. Lastly, you get real-time rates with no fees at all as Sparrow does not believe in fees. The rate you see is the rate you pay! Sparrow’s mission speaks volumes for the company as the goal is to accelerate the transition to sustainable finance for its customers. If you are ready to take the next steps to begin your sustainable finance journey, check out Sparrow today!
Lender
Sparrow Lending PBC.
Eligible Degrees
Graduate & Undergraduate
Loan Terms
5 to 25 years
Variable Loan
Rates from 1.74% – 7.74% APR (with automatic payment)
Fixed Loan
Rates from 2.15% – 10.74% APR (with automatic payment)
Terms
You can find all terms and conditions for Sparrow here.