Medical Loan FAQs
Please click below for the answers to our most commonly asked questions. If you can't find the information you need, call us free on 0800 694 5566 and one of our advisers will be happy to help.
How much can I borrow?
Our medical loans range from £3,000 to £500,000.
How long are the repayment terms?
Loan terms are a minimum of one to 30 years, helping you to find a comfortable repayment period.
What are the interest rates?
Interest rates are different depending on the loan you take out and the financial history you bring to the deal. Rates for homeowners start at 2.9%.
Are there any loan fees?
As a broker, rather than a bank, Norton Finance doesn’t charge upfront loan fees. Instead, we receive commission from the lender when a loan is completed. On secured loans, we may charge a broker fee of a maximum 12.5% of the loan, to a capped limit of £3,995. We don’t charge broker fees on unsecured loans.