London Health Sciences Centre
Mortgage strategy for LHSC residents, fellows, and attending staff at Western University, in an attainable Southwestern Ontario market.
Why LHSC physicians need a different mortgage path.
LHSC, including University Hospital and Victoria Hospital, is Western University's primary teaching network. London pairs attainable Southwestern Ontario prices with only provincial land transfer tax (no municipal surcharge), making it practical for residents to buy during training and stay.
Built for how LHSC physicians actually earn.
Your stage. Your structure.
LHSC residents qualify on projected attending income under physician programs, with 5-10% down and low closing costs given no municipal LTT.
Attending LHSC physicians qualify on signed contracts and often buy detached homes on attending income, with $3M+ capacity once incorporated.
Locum LHSC physicians qualify through mixed-income programs accepting T4A and invoice history on an annual basis.
Incorporated LHSC physicians qualify on corporate revenue plus dividends rather than personal T4, typically lifting capacity 50-80%.
Straight answers, specific to your hospital.
Does London, Ontario have a municipal land transfer tax?01
No. LHSC physicians pay only the Ontario provincial land transfer tax, with no municipal surcharge. On a $650,000 home the provincial LTT is roughly $9,500 before the first-time buyer rebate.
Is London a good market for LHSC residents to buy?02
Yes. Western University and LHSC anchor a large resident population, prices are attainable, and projected income makes buying during training practical, with many physicians staying on as attendings.
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 LHSC.
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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