*Training Mortgage Finance is a nationwide scholar mortgage debt consolidation and refinance program supplied by Tennessee based mostly SouthEast Financial institution. ELFI is designed to help debtors by way of consolidating and refinancing loans into one single mortgage that successfully lowers your value of schooling debt and/or makes compensation quite simple. Topic to credit score approval. See Phrases & Situations. Rates of interest present as of 10-13-2023. The rate of interest and month-to-month cost for a variable price mortgage could enhance after closing, however won’t ever exceed 9.95% APR. Rates of interest could also be completely different from the charges proven above and can be based mostly on the time period of your mortgage, your monetary historical past, and different elements, together with your cosigner’s (if any) monetary historical past. For instance, a 10-year mortgage with a hard and fast price of 6% would have 120 funds of $11.00 per $1,000 borrowed. Charges are topic to vary.