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Brazos Student Loan Refinancing Review
Brazos Student Loan Refinancing
- 5, 7, 10, 15, and 20 year repayment terms
- No cosigner release available
- Late fees charged
- 0.25% interest rate reduction with autopay
- Aggregate loan limit of $150,000 for undergraduate and $400,000 for graduate
- 5, 7, 10, 15, and 20 year repayment terms
- No cosigner release available
- Late fees charged
- 0.25% interest rate reduction with autopay
- Aggregate loan limit of $150,000 for undergraduate and $400,000 for graduate
The bottom line
Available only for Texas residents, Brazos Student Loan Refinancing offers relatively low interest rates but has high credit and minimum income requirements. Refinancing student loans with Brazos is best for Texas residents with good credit and higher incomes.
Pros- No origination, application, or prepayment fees
- 0.25% interest rate deduction with autopay
Cons- Charges late fees
- Available only for Texas residents
- Does not offer cosigner release
Loan comparison
Full review
For well-qualified residents of Texas, Brazos Refinance Loans offer low fixed and variable interest rates. There is a 0.25% interest rate reduction available for borrowers enrolled in autopay. While there are no origination, application, or prepayment fees, Brazos does charge late fees. Borrowers have the option to customize their payment date to fit their schedule.
Repayment terms to refinance range from 5 to 20 years and there is no cosigner release available. Borrowers must be in reasonably good financial shape, as a minimum credit score of 720 and income of $60,000 are required to refinance. To refinance student loans with Brazos, the minimum loan size is $10,000, and the aggregate loan limits for undergraduate and graduate students are $150,000 and $400,000, respectively.
Brazos Education Lending Corporation - Brazos Student Loan Refinancing
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