Student Loan Refinancing

Refinance. Reset.

Savannah Wealth Group, a MassMutual Firm, and CommonBond are working together to help you simplify your student loans and potentially save money.

See your rate here.

A refinancing refresher:

It's a fresh start—refinancing with CommonBond is a way to replace your existing student loans with a new one at a potentially better interest rate. You can save money or pay off your debt faster. Here's how it works:


CommonBond pays off your existing student loans. That includes federal, private, and consolidated loans.

You can pay less each month or save long term. Customers have saved thousands of dollars over the life of their new loans. Plus, no origination fees or prepayment penalties.

You're covered along the way. Deferment? Covered for up to 32 months. Forbearance? Covered for up to 24 months.

We give back together. When you refinance, CommonBond helps fund a child's education in the developing world.


Who is CommonBond?

Since launching in 2010, Commonbond has funded over $3 billion in better student loans by providing lower rates, simple options, and award winning care to support you throughout your student loan journey. Plus, for every loan CommonBond funds, it helps fund a child's education in the developing world through its partnership with Pencils of Promise.

CommonBond has been named Fast Company's World's Most Innovative Company in education, one of TIME's Genius Companies, and one of Inc's 50 Best Places to Work.

What is Savannah Wealth Group's relationship with CommonBond?

Savannah Wealth Group and CommonBond are working together to help you refinance your student loans. You do not have to be an existing Savannah Wealth Group customer to take advantage of preferred pricing through this relationship. Your decision to refinance with CommonBond will not impact applications for any Savannah Wealth Group products or services.

How much can I refinance?

A minimum of $5,000 and a maximum of $500,000, subject to state law.

What loans can I refinance?

All federal and private loans, including Grad PLUS, Parent PLUS, co-signed, and previously consolidated student loans.

What do I need to be eligible to refinance?

• A college degree from a 4-year, not-for-profit college.

• A credit score 660 or higher.

• U.S. citizenship, permanent residency or an H1-B, J-1, L-1, E-2, or E-3 visa.

• One month of employment or a signed offer letter starting within 12 months (for medical residents, dental, and legal students), or a signed offer letter starting within 6 months (for MBA students).

What schools do/don't qualify under the program?

Following is a listing of eligible schools.

The following do not qualify for refinance: University of Phoenix, Full Sail University, Rocky Mountain College of Art and Design, for profit schools, Community colleges, trade schools (because they don't usually offer 4 year degrees) and most Art or Culinary schools (a select few are on the approved listing).

Does CommonBond accept co-signers?

Yes. If you are not eligible to refinance on your own, you can bring in a co-signer. Even if you are eligible to refinance on your own, including a co-signer with a strong credit profile and income could help achieve an even lower rate.

What are the requirements for a cosigner?

A cosigner does not need to have a college degree. If you add a cosigner, the interest rate is based on the cosigner's credit and income (not the combination of borrower and cosigner). This means that, if you already qualify on your own, it is only worth it to add a cosigner if they have significantly better credit/income than you do. Cosigners and borrowers are equally responsible for the loan. The debt shows on the cosigner's credit report in the same way as it does on the borrower's.

Is the cosigner responsible for the loan in the event of the borrower's death or disability?

No. If a borrower dies or becomes permanently disabled, the loan is discharged (canceled).

How do I refinance Parent Plus loans?

There are a few common ways to refinance Parent Plus loans. One option is to keep them in the parent's name. With this, the parent needs to meet all the borrower qualifications (including having a bachelor's degree or higher from a school in our network). If the parent doesn't have a degree, and the child has graduated, they can transfer the loan to their child and be the cosigner. Cosigners don't need to have a degree.

Another way, is to transfer the loan to the student. This takes the loan out of the parent's name and puts it in the student's name.

What are CommonBond's interest rates?

Visit for information about CommonBond's latest interest rates.

Who can participate in this offer?

Anyone is welcome to take advantage!

How do the programs and protections compare?

By refinancing with CommonBond, you will no longer be eligible for certain federal loan programs such as income-based repayment and public service loan forgiveness. CommonBond offers up to 32 months of academic deferment (the government offers 36 months). CommonBond also offers up to 24 months of forbearance in 3-month increments, which pauses payments but not interest (most other private lenders offer 0-12 months total). Full information on federal programs and protections can be found at

How do I get the $200 incentive?

Payment is via PayPal 1-3 weeks from their disbursement. PayPal makes it very easy to transfer money to a main bank account if you would like.

Apply now

Contact us with any further questions or to set up a time to meet with one of our Wealth Management Advisors today.

Call (912) 999-1805

Or Schedule a meeting that works for you