Taylor Atkinson

I have been the buyer, the partner and the lender. Now I do mortgages for doctors.

After more than a decade living abroad, my wife and I moved home to BC to build a life with more freedom and more time with our kids. Real estate is how we got there. We built a rental portfolio that now holds 70+ properties, and along the way I have been a first-time buyer, a joint-venture partner, a syndicator and a vendor take-back lender. So I have seen a mortgage from every seat at the table.

Most of my work today is with physicians in British Columbia and Alberta. Your income does not look like a regular paycheque, and a lot of lenders get it wrong. Residency pay. A contract for a job you have not started yet. A corporation you pay yourself from. A big line of credit. I know which lenders understand a medical career and how to put your file together so it gets approved.

A few things worth knowing before we talk. As a resident or fellow you can qualify on projected income, $185,000 in your first two years and $225,000 from year three, and there are specialty-based amounts for your final year and your first 36 months in practice. Ten percent down still works, with mortgage insurance (the premiums are higher than standard, not lower). Your student loans and line of credit count against you even if you are not paying on them yet. None of that is a problem. It just needs someone who knows the rules.

Where you are buying changes the plan. In Vancouver and Victoria the program and a 10 percent down payment do most of the work. In Calgary and Edmonton the same income goes further, so we spend more time on what to buy and how to set it up. I work both provinces from Kelowna.

And when you are ready to own more than the home you live in, that is where I started. The physician programs only cover the home you live in, so rentals are financed on their own. I have done that with my own money and I can walk you through it.

Bring your enrollment letter or contract, what you owe, and the city you want to buy in. That is enough for me to give you a real number and a plan.

Outside of work I co-host the Kelowna Real Estate Podcast.

Physicians in British Columbia and Alberta.

Physician Financing sends every British Columbia and Alberta enquiry to me. I am a registered submortgage broker with BCFSA, based in Kelowna, and I work with doctors across both provinces, from Vancouver and Victoria to Calgary and Edmonton. Here is where I spend most of my time.

• 01
  Residents and fellows

  Qualification on the published projected-income amounts ($185,000 in years one and two, $225,000 from year three) instead of training pay. Down payment planning around a professional line of credit, and student debt handled the way the programs actually count it.
• 02
  Final year and new attendings

  Specialty-based projected income for the final year of training and the first 36 months in practice, so a signed contract or a new practice does not have to wait for two years of tax returns.
• 03
  Relocating for a match or a first position

  Buying in BC or Alberta from another province, or moving between the two, with an offer letter or enrollment confirmation and a closing date that lines up with your start date.
• 04
  Incorporated physicians

  Qualification on corporate income, dividends and retained earnings rather than the T4 alone, so the mortgage reflects what the practice earns rather than what you chose to pay yourself.
• 05
  Physician investors

  The physician programs cover an owner-occupied home only. Rentals, second properties and portfolios are financed separately, and I structure that from my own experience building a 70+ property portfolio.

Physicians in Ontario work with Jeff Mudrick. Physicians elsewhere in Canada are matched with a vetted referral broker through the Get Started intake.

A 30 minute call about your numbers, your timeline, and what is actually possible.

Buying during residency, refinancing as an attending, or adding a rental in BC or Alberta. Bring your letter, your debts and your target city, and leave with a real number and a plan.

Prefer to reach out directly? taylor@venturemortgages.com or 604-704-5842. Website: venturemortgages.com