How to apply
Loan Options
Undergraduate Student Loans are available in Massachusets, Maryland, New York, Pennsylvania, South Dakota, Virginia, and West Virginia. Actually, no matter what state you are in or the school you choose, the loan options will be a 20 year variable at the 2.09% to 6.77% APR and a 20 year fixed hybrid at 4.12% to 7.78% APR.
Graduate Student Loans can be applied for in California, Florida, Georgia, Idaho, Massachusets, Maryland, New York, Pennsylvania, South Dakota, Utah, Virginia, and West Virginia. Depending on your state, the APR and duration will vary greatly.
iHELP Medical School Loans are available in California, Florida, Georgia, Idaho, Pennsylvania, Utah, and Virginia.
Flight School Loans can be taken from Arizona, California, Colorado, Florida, Georgia, Kansas, Minnesota, North Carolina, Ohio, Texas, and Utah. There is only one option no matter what state or school you are in, is 20 year variable loan with an APR of 10.97%.
Student Loan Refinance is available from Maryland, Pennsylvania, Virginia, and West Virginia. There are five options a borrower can choose from: a five year fixed at 3.92% to 4.73% APR, an eight year fixed at 4.20% to 4.99% APR, a 12 year fixed at 4.88% to 5.60% APR, a 20 year variable at 2.68% to 3.64% APR, and a 20 year fixed hybrid at 3.34% to 3.93% APR.
Terms and Conditions
ZuntaFi offers private student loans on different terms of annual percentage rate and loan duration. Depending on the kind of loan you want to take, the state and the school, there may be a few student loans available.
Variable. The APR for variable private student loans is usually 2.68% to 3.64% or 4.75% to 7.47%. The loan term for this loan option is 15 or 20 years. The variable rate can increase after the loan is taken. Rates for this option are based on a 90-day average SOFR and a margin adjusted quarterly.
Fixed. The APR here ranges from 3.92% to 5.60%, while the duration can be five, eight, 12, or 20 years. The initial rate remains for five years from the first disbursements, and gets readjusted every five years based on a 90-day average SOFR and a margin adjusted quarterly.
Fixed Hybrid. This type is offered at 3.34% to 3.93% interest rate, and the loan term is 20 years. The initial rate remains for five years from the first disbursement and gets adjusted every five years based on Prime Rate, a margin.
The limits for loan amount are from $1,000 to $100,000 for undergraduate students, from $1,000 to $150,000 for graduate students. The minimum amount in Georgia is $3,000.
Once you complete the application, the company will send you an e-mail, where the interest loan you qualify for is stated.
Requirements
Once a borrower decided on the loan options they can qualify, there are a few requirements they need to meet to apply for ZuntaFi student loan. Both private student loans and federal student loans can require a co-signer. ZuntaFi doesn't have a presence of a co-signer as a mandatory condition. Though a co-singer can help a borrower to qualify and get a lower interest rate. They are eligible for release after 24 months of on-time payments.
A borrower and a co-signer should be citizens or permanent residents of the US.
They must be of legal age according to the state they are applying from.
The borrower should be enrolled at school at least half-time.
In addition, the borrower or their co-signer is required to have at least three years of positive credit history, qualifying credit score.
The annual gross income of a borrower or their co-singer should be of $24,000 or be greater than this amount in the recent two years.
ZuntaFi states once you complete the application, you need to upload your signature and other documentation. Once they checked your credit report and approved it, they will provide you with information you will need to review. If you agree to the terms, ZuntaFi sends the documentation to the lender.
Loan Application
ZuntaFi doesn't have a pre-qualification, which may complicate the loan evaluation process for a borrower.
To apply, a borrower needs to:
Register on ZintaFi website and complete the application by filling in personal and financial information.
Upload the documents to ZuntaFi website, such as your ID and financial records (tax returns, pay stubs) to verify the information.
The company will send you an offer with terms and conditions for your student loan.
ZuntaFi will certify the loan amount with the school.
Once you accept the loan terms and sign the agreement, ZuntaFi will disburse your loan to the school.
