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30Y FIXED6.85%↑ 0.02·15Y FIXED6.12%↓ 0.01·REFI 30Y6.78%↑ 0.01·HELOC9.20%0.00·JUMBO 30Y7.05%↑ 0.03·HYSA TOP4.85%↓ 0.05·12M CD5.10%0.00·24M CD4.85%↓ 0.02·5Y CD4.40%↑ 0.01·MMA TOP4.65%0.00·AUTO 60M NEW7.10%↓ 0.02·AUTO 60M USED8.45%↑ 0.04·PERSONAL EXC.8.20%0.00·10Y TREASURY4.32%↑ 0.01·30Y FIXED6.85%↑ 0.02·15Y FIXED6.12%↓ 0.01·REFI 30Y6.78%↑ 0.01·HELOC9.20%0.00·JUMBO 30Y7.05%↑ 0.03·HYSA TOP4.85%↓ 0.05·12M CD5.10%0.00·24M CD4.85%↓ 0.02·5Y CD4.40%↑ 0.01·MMA TOP4.65%0.00·AUTO 60M NEW7.10%↓ 0.02·AUTO 60M USED8.45%↑ 0.04·PERSONAL EXC.8.20%0.00·10Y TREASURY4.32%↑ 0.01·
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Student loan refinance review

Laurel Road Student Loan Refinancing Review (2026)

Laurel Road earned 4.3 / 5 in our 2026 review. APRs run 4.99% to 8.90% on 5 to 20 years terms, with loan amounts $5,000+. Best for graduates with stable income who want to lower a private loan rate.

By the Fintiex Loan Desk · Updated 2026-05-02
Check rates at Laurel Road Compare student lenders
TL;DR stats
APR range
4.99% to 8.90%
Loan amount
$5,000+
Term range
5 to 20 years
Origination fee
None
Loan type
Refinance
Min credit score
660
Cosigner release
N/A
Forbearance
Available
Pros
  • +Specialized programs for healthcare professionals (doctors, nurses, dentists)
  • +No origination fees or late fees
  • +Extra $200 cash bonus for AMA members
  • +Competitive rates, especially for medical school debt
  • +0.25% autopay rate reduction
  • +Forbearance available for up to 12 months
Cons
  • -Best rates reserved for high-income professionals
  • -Less flexible for non-healthcare borrowers
  • -Refinancing federal loans removes income-driven repayment eligibility

Rates and fees

APR range
4.99% to 8.90%
APR type
Fixed and variable
Origination fee
None
Late fee
None
Prepayment penalty
None
Loan amount range
$5,000+
Repayment terms
5 to 20 years
Forbearance
Available
Minimum FICO
660

Variable APRs typically start lower than fixed but can rise over the life of the loan. The Federal Reserve recommends fixed rates for repayment plans longer than 5 years.

Who it is for

Laurel Road fits graduates with FICO 660+ (ideally 700+), stable W-2 or self-employed income, and only private loans (or federal loans you do not need income-driven repayment for). It is not a fit if you may need Public Service Loan Forgiveness, are early in a career with unstable income, or have a FICO below 660.

How to apply for a Laurel Road loan

Refinancing takes 15 to 30 minutes online. You will need a recent pay stub, last year's tax return, loan payoff statements for each loan you want to refinance, and a government ID. The Department of Education recommends getting a payoff quote from each current servicer before applying.

  1. 1.Pull payoff quotes from every current servicer to know your exact balances and payoff numbers.
  2. 2.Soft-pull prequalify on the Laurel Road site to see your estimated APR with no credit impact.
  3. 3.Compare against 2 or 3 other refinance lenders. The CFPB confirms rate shopping within 14 to 45 days does not extra-damage credit.
  4. 4.Submit the formal application with income docs. This triggers a hard inquiry that drops FICO 2 to 5 points.
  5. 5.Sign the agreement; Laurel Road pays off your old loans directly. Confirm the old loans show as paid before you stop making payments to those servicers.
Start a Laurel Road application

Frequently asked questions

Is the Laurel Road refinance loan a good choice?
Laurel Road earned 4.3 out of 5 in our 2026 review. APRs run 4.99% to 8.90% on 5 to 20 years terms with no origination fee. The product fits graduates with stable income and good credit.
What credit score do I need for a Laurel Road loan?
Laurel Road requires a minimum FICO of 660. The lowest advertised rate typically goes to applicants with 700+ FICO, stable income, and a completed degree. The CFPB recommends prequalifying with a soft pull before any formal application.
Should I refinance federal student loans with Laurel Road?
Only if you are sure you will not need federal protections. Refinancing federal loans into a Laurel Road private loan permanently eliminates access to income-driven repayment, Public Service Loan Forgiveness, and federal deferment. The Department of Education and CFPB both recommend keeping federal loans federal unless the rate savings clearly outweigh the lost benefits.
Does Laurel Road charge fees on a refinance loan?
Laurel Road charges no origination fee and no application fee, and no prepayment penalty. Late fees: none. The Federal Reserve recommends comparing APR rather than the headline interest rate, because APR rolls in origination.
What loan amounts and terms does Laurel Road offer?
Laurel Road refinance loans range from $5,000+. Repayment terms are 5 to 20 years. Longer terms lower the monthly payment but increase total interest paid.
Does Laurel Road offer forbearance or hardship pause?
Yes. Laurel Road offers forbearance during financial hardship. Forbearance pauses payments but interest typically continues to accrue. The CFPB warns that forbearance should be a last resort because unpaid interest can capitalize and increase your total balance.
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Rates by credit tier
Realistic APR ranges for excellent, good, fair, and poor credit.

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