Mortgage Broker

Medical Professionals

Qualify for prime rate mortgages earlier

This lending program recognizes the unique and lengthy education of eligible medical professionals (Physicians, Dentists, and Veterinarians) by making it easier to qualify for prime rate mortgages earlier, because you don’t need to wait to build income history to qualify.
 Who Qualifies?
Medical professionals enrolled in a recognized medical residency or fellowship, or those who have recently completed their residency (within the past 1-3 years), can qualify for a mortgage using projected income. The exact amount of income allowed varies based on your specialty and time practicing, but this can significantly help in securing your dream home sooner than you thought possible.
 
Program Benefits

Low Down Payment

Medical Professional mortgages are available with as little as a 10% down payment, with up to half of that allowed to be gifted by an eligible family member.

Early Qualification

Qualify for prime rate mortgages based on projected income, allowing you to buy a home earlier in your career.

Planning for Your Future Home Purchase

If you have recently begun practicing or are nearing the end of your fellowship or residency, it’s important to start discussing your situation with a qualified mortgage professional. This will help you plan your future purchase and ensure you have a clear understanding of the timelines that this program is available to you.

 

Take the first step towards securing your dream home by booking a call with Mike. Let’s discuss your unique situation and how the Medical Professionals Mortgage program can benefit you.

Mike Boniferro
Mortgage Broker
Originator Licence #M18001301

TLC Mortgage Group
Independently Owned and Operated