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Jeff Mudrick

Ontario mortgage agent for physicians. Residency and projected-income programs, incorporated income, and the line of credit strategy that gets doctors into a home before the attending paycheques start. I built this site because that work deserved its own practice.

FSRA #M21001275Mortgage Agent, Level 2
Lic. #13463BRX Mortgage Inc.
OntarioLicensed province
Jeff Mudrick, physician mortgage agent, founder of Physician Financing

About me, briefly.

Mortgage Agent Level 2 with BRX Mortgage Inc, licensed in Ontario.
Co-founded Mudrick Mortgages with my wife Emily. A five-star practice built on renewals, first homes and plain-English advice.
Named a CMP Rising Star in 2024, the top 40 mortgage professionals under 35 in Canada.
Built GradeMyMortgage.ca, the free tool that grades a mortgage A+ to F against today's best rates.
Built this site, Physician Financing, and the mortgage software behind my practice, now used by a growing network of independent Canadian agents.
Specialty: residency and projected-income programs, incorporated physicians, and the line-of-credit strategy behind a first purchase.

Why I started Physician Financing.

Every resident and new attending I met had the same problem: real earning power, a training salary on paper, and a bank saying come back in two years. The programs that fix this exist and almost nobody explains them, so I built the place that does.

A doctor’s income does not look like anyone else’s, and the lender you pick decides whether that helps you or hurts you. Projected income for residents, corporate income for incorporated physicians, student debt handled properly: I know the rules and which lenders apply them. I also work alongside your accountant, so the mortgage fits your tax plan.

Send me your enrollment letter or contract, what you owe, and the city you want to buy in. You get a real number and a plan. I’m licensed in Ontario. Physicians in BC and Alberta work with Taylor Atkinson, and everyone else is matched with a vetted broker in their province.

What lets me represent physicians on mortgages.

FSRA licence: Mortgage Agent Level 2, #M21001275Issued by the Financial Services Regulatory Authority of Ontario. A Level 2 agent can arrange mortgages with every type of lender, including private lenders.
Brokerage: BRX Mortgage Inc., Lic. #13463A national mortgage brokerage with access to lenders across the A, B and private lending markets.
Jurisdiction: OntarioLicensed in Ontario. Physicians in British Columbia and Alberta work with Taylor Atkinson of Venture Mortgages, who is registered in British Columbia and works with physicians across BC and Alberta. Physicians elsewhere in Canada are matched with a vetted referral broker, so every file is handled by someone licensed where it counts.
Award: CMP Rising Stars, Top 40 Under 35 (2024)Canadian Mortgage Professional magazine’s annual list of top young mortgage professionals in Canada. See the list.

Where I spend most of my time.

Projected-income resident mortgagesQualifying residents and fellows on the income they will earn after training, using their enrollment and fellowship letters, not the stipend alone.
Fellowship-to-attending transitionsSetting up the mortgage at the fellowship and new-attending stage, so you can close on a home before your first attending T4.
Incorporated physician qualificationQualifying Professional Corporation owners on corporate income, including the retained earnings and dividend history a personal T4 misses.
Line of credit strategyUsing the physician line of credit for down payments, closing costs and bridge financing, with the after-tax cost worked out before you commit.
Mortgage penalty and IRD calculationsWorking out the penalty under each of the nine Canadian prepayment penalty methods, including the lender-specific IRD variants, before you break or switch.
Renewal analysisWhat your bank renewal letter actually costs you, compared with switching lenders, before you sign the next term.
Jeff Mudrick
Emily Mudrick
Taylor Atkinson
Craig Austin
Talk to us
Jeff, Emily, Taylor and Craig
Mortgage agents and brokers
Ontario, BC and Alberta

Want to talk it through with Jeff?

A 30 minute call. We look at your contract, model your line of credit balance and price the home you want, so you leave with a real number.

Jeff Mudrick, Lic. #M21001275Emily Mudrick, Lic. #M26000497BRX Mortgage Inc., Lic. #13463Taylor Atkinson, Licence #MB600364Craig Austin, Lic. #M19001164, Tango Ontario, FSRA #13691
I'm a:ResidentSole ProprietorIncorporatedInvestorRenewingMoving to Canada
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