As a medical professional in residency or your first year of practice, you already face enough challenges—finding stable housing shouldn’t be one of them.
With rental shortages and high home prices, many doctors and specialists struggle to find a place to live near their workplace. The good news? Specialized mortgage programs can help you buy a home sooner, with less stress and greater financial flexibility!
These programs recognize your future earning potential and allow you to qualify for a much higher mortgage amount, helping you settle into the community where you work—without waiting years to build savings or income.
Who Qualifies?
This program is available for:
Residents & Fellows in their final years of training
Newly practicing medical professionals (within the first year of practice)
Self-employed medical professionals (incorporated or sole proprietors)
Eligible professionals include:
- Eligible Medical Specialties
- Anesthesiology
- Cardiology
- Cardiovascular/Thoracic Surgery
- Clinical Immunology/Allergy
- Critical Care Medicine
- Dermatology
- Diagnostic Radiology
- Emergency Medicine
- Endocrinology/Metabolism
- Family Medicine
- Gastroenterology
- General Internal Medicine
- General Surgery
- Geriatric Medicine
- Hematology
- Medical Genetics
- Medical Microbiology & Infectious Diseases
- Medical Oncology
- Nephrology
- Neurology
- Neurosurgery
- Nuclear Medicine
- Obstetrics/Gynecology
- Occupational Medicine
- Ophthalmology
- Orthopedic Surgery
- Otolaryngology (ENT)
- Pediatrics
- Physical Medicine & Rehabilitation
- Plastic Surgery
- Psychiatry
- Public Health & Preventative Medicine
- Radiation Oncology
- Respirology
- Rheumatology
- Urology
- Dentists
- Veterinarians
Why This Program is a Game-Changer
Higher Borrowing Power – Instead of being approved for a standard $315,000 mortgage, this program could qualify you for up to $1.2M, allowing you to purchase a home in the community where you practice.
Lower Down Payment – You can buy with as little as 5-10% down, even for homes over $1M.
Student Debt? No Problem – Lenders factor in your future earnings, so student loans won’t hold you back from qualifying.
Self-Employed? You Still Qualify – If you’ve started your own practice, this program makes it easier to secure financing.
Avoid Housing Insecurity – Many medical professionals struggle to find a rental close to work. This mortgage program removes that stress, helping you settle in sooner and build wealth faster.
Even More Ways to Save!
This opportunity can also be combined with other programs for even greater savings, such as:
CMHC Eco Plus – A 25% rebate on your mortgage insurance premium if purchasing an energy-efficient home.
PTT Exemptions on New Builds – Property transfer tax savings for first-time homebuyers purchasing newly built homes.
Higher Down Payment? Even More Flexibility! – If you’ve managed to save a larger down payment, your qualification amount can go even higher than the example provided.
Example: How This Works
Without This Program → A resident or newly practicing doctor might only qualify for a $315,000 mortgage, making homeownership nearly impossible in today’s market.
With This Program (On Approved Credit) → That same doctor could qualify for up to $1.2M, allowing them to buy in the community where they work and avoid housing insecurity.
This means you don’t have to wait years to save for a large down payment or get a big income boost before buying a home!
Take the First Step Toward Homeownership
At the Angela Calla Mortgage Team, we work with lenders who offer these specialized mortgage programs to help you secure a home that fits your needs now—without the usual financial roadblocks.
Let’s explore your options today!
Angela Calla Mortgage Team
604-802-3983
We can also introduce you to realtors who specialize in properties that qualify for these programs!
Your career is just beginning—start building wealth and stability now!
Angela Calla is an 19-year award-winning woman of influence which sets her apart from the rest. Alongside her team, Angela passionately assists mortgage holders in acquiring the best possible mortgage. Through her presence on “The Mortgage Show” and through her best-selling book “The Mortgage Code“, Angela educates prospective home buyers by providing vital information on mortgages. In light of this, her success awarded her with the 2020Business Leader of the Year Award.
Angela is a frequent go-to source for media and publishers across the country. For media interviews, speaking inquiries, or personal mortgage assistance, please contact Angela at hello@countoncalla.ca or at 604-802-3983.
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