Assurance Financial Launches New Mortgage Program for Medical Professionals

Assurance Financial has launched MedPro Mortgage+, a mortgage program specifically designed for medical professionals facing significant student debt and down payment challenges. The program offers up to 100% financing with no private mortgage insurance (PMI).

The new product considers a borrower's future earning potential and contracted income, rather than solely current pay stubs. This is intended to assist new doctors, dentists, and other healthcare professionals who often carry substantial student loan burdens. The average medical school debt in the U.S. exceeds $200,000, making it difficult to save for a down payment.

MedPro Mortgage+ includes features such as 100% financing, consideration for existing student debt in underwriting, and the elimination of PMI. The program supports loans up to $2 million and is available to residents, fellows, and newly licensed professionals.

Assurance Financial is a mortgage banker offering a wide range of loan products and operating in multiple U.S. states. The company highlights its fast pre-approval process.