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Move US Student Loans to Canada

MasterDen

Star Member
Feb 17, 2016
53
1
Category........
Visa Office......
OTTAWA
Job Offer........
Pre-Assessed..
App. Filed.......
19-11-2016
AOR Received.
09-12-2016
File Transfer...
13-12-2016
Med's Request
Upfront
Med's Done....
Passed
Interview........
N/A
Passport Req..
16-03-17 (sent same day)
VISA ISSUED...
DM 08-03-17, COPR 23-03-17
LANDED..........
25-03-2017
Hello,

I recently became a PR in Canada. I'm looking to move over my health professional student loans (about $150K american) to Canada.

Does anyone have advice on this? I've been to the major banks and it seems like right around prime. Are credit unions worth checking out?

Also, any strategies or pitfalls to moving those loans here?

Thanks!
 

jes_ON

VIP Member
Jun 22, 2009
12,092
1,421
Category........
Visa Office......
New York
Job Offer........
Pre-Assessed..
App. Filed.......
06-May-2010
AOR Received.
13-Aug-2010
File Transfer...
01-Mar-2011
Passport Req..
30-Jun-2011
VISA ISSUED...
12-Jul-2011 (received 25-Jul-2011)
LANDED..........
03-Sep-2011
Hello,

I recently became a PR in Canada. I'm looking to move over my health professional student loans (about $150K american) to Canada.

Does anyone have advice on this? I've been to the major banks and it seems like right around prime. Are credit unions worth checking out?

Also, any strategies or pitfalls to moving those loans here?
I would leave them there. Any particular reason you want to move them?
 

MasterDen

Star Member
Feb 17, 2016
53
1
Category........
Visa Office......
OTTAWA
Job Offer........
Pre-Assessed..
App. Filed.......
19-11-2016
AOR Received.
09-12-2016
File Transfer...
13-12-2016
Med's Request
Upfront
Med's Done....
Passed
Interview........
N/A
Passport Req..
16-03-17 (sent same day)
VISA ISSUED...
DM 08-03-17, COPR 23-03-17
LANDED..........
25-03-2017
I would leave them there. Any particular reason you want to move them?

Interest rate is lower in Canada, and I'm tired of exchanging money every few months.
 

MasterDen

Star Member
Feb 17, 2016
53
1
Category........
Visa Office......
OTTAWA
Job Offer........
Pre-Assessed..
App. Filed.......
19-11-2016
AOR Received.
09-12-2016
File Transfer...
13-12-2016
Med's Request
Upfront
Med's Done....
Passed
Interview........
N/A
Passport Req..
16-03-17 (sent same day)
VISA ISSUED...
DM 08-03-17, COPR 23-03-17
LANDED..........
25-03-2017
How do you move loans from one country to another?
You need to get a loan in Canada to cover the amount in the US.