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.
About me, briefly.
- •Mortgage Agent Level 2 with BRX Mortgage Inc, based in Newmarket, 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.
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 cold and which lenders apply them.
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, not a pitch. 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.
Where I spend most of my time.
- 01Projected-income resident mortgagesQualifying medical residents and fellows on post-training income using signed residency and fellowship contracts, not current stipend alone.
- 02Fellowship-to-attending transitionsStructuring mortgages at the fellowship-plus-attending stage so physicians can close on homes before the first attending T4 lands.
- 03Incorporated physician qualificationCorporate-income mortgage qualification for Professional Corporations. Captures retained earnings and dividend history that personal T4 alone misses.
- 04PLOC strategyPhysician Line of Credit structuring for down payments, closing cost buffers, and bridge financing. Full after-tax modelling before commitment.
- 05Mortgage penalty and IRD calculationsPrecision on 9 different Canadian prepayment penalty methods, including the lender-specific IRD variants that sometimes save physicians five figures at renewal.
- 06Renewal analysisReal math on what a bank renewal letter is quietly costing. Full comparison of switch-lender options before the next term signs.
Sister properties for Canadian homeowners.
Your mortgage, handled by a licensed physician-program specialist.
30 minute call. Signed contracts reviewed, PLOC balance modelled, target purchase priced. You leave with a real qualification number, not a marketing range.
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