Foothills Medical Centre
Mortgage strategy for Foothills residents, fellows, and attending staff, in one of the most physician-friendly markets in Canada.
Why Foothills physicians need a different mortgage path.
Foothills is Calgary's largest hospital and the University of Calgary's primary teaching site. Calgary pairs strong physician incomes with attainable prices and, crucially, no Alberta land transfer tax, which removes the largest closing cost faced in Ontario or BC.
Built for how Foothills physicians actually earn.
Your stage. Your structure.
Foothills residents qualify on projected attending income under physician programs, with 5-10% down. The absence of land transfer tax keeps closing costs minimal.
Attending Foothills physicians commonly qualify for $1.5M-$2.5M on signed contracts, and $3M or more once incorporated, with attainable detached prices relative to Toronto and Vancouver.
Locum Foothills physicians qualify through mixed-income programs accepting T4A and invoice history on an annual basis.
Incorporated Foothills physicians qualify on corporate revenue plus dividends rather than personal T4, typically lifting capacity 50-80%.
Straight answers, specific to your hospital.
Does Calgary charge a land transfer tax for Foothills physicians?01
No. Alberta has no land transfer tax. Buyers pay only modest land title registration fees, usually a few hundred dollars, which makes Calgary one of the lowest closing-cost markets in Canada.
How much can a Foothills specialist qualify for?02
Foothills attending specialists commonly qualify for $1.5M to $2.5M on salaried or fee-for-service income, and $3M or more once incorporated and qualified on corporate income plus dividends.
Is Calgary a good market for Foothills residents to buy?03
For many, yes. Attainable prices, strong incomes, and no land transfer tax make detached ownership realistic early, and projected income lets residents buy during training.
Other hospitals in the same network.
Prices and payment examples are estimates for planning only. Your actual numbers depend on income, down payment, debt, credit, location, and current lender pricing.
Let's map your mortgage path at Foothills.
30 minute call. We look at your stage, signed contracts, PLOC balance, and target purchase. You leave with the actual number you qualify for.
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