Mount Sinai Hospital
Mortgage strategy for Mount Sinai and Sinai Health physicians. Built around the University Avenue academic practice and the downtown Toronto cost base.
Why Mount Sinai physicians need a different mortgage path.
Mount Sinai is one of the primary teaching hospitals of the University of Toronto, with strong concentrations in obstetrics, gynaecology, high-risk pregnancy, and medical specialties. Sinai Health System physicians face the same downtown Toronto cost structure as UHN staff, with the specific overlay of obstetric and specialist practice patterns.
Built for how Mount Sinai physicians actually earn.
Your stage. Your structure.
Mount Sinai residents qualify through physician-program lenders using projected attending income. Five to ten percent down, structured student debt treatment, no insurance requirement on the residency stream.
Attending Sinai Health physicians typically qualify for $1.6M-$2.5M mortgages depending on specialty and corporate structure. OB/GYN and high-specialty attendings frequently use corporate income qualification.
Sinai Health locum physicians and fee-for-service specialists qualify through T4A and invoice-history programs.
Most Mount Sinai attendings run professional corporations. Corporate-income qualification captures the full revenue picture rather than personal T4 alone.
Straight answers, specific to your hospital.
What is a projected-income mortgage and how does Mount Sinai residency fit?01
Projected-income mortgages qualify you on what you will earn as an attending, not what you currently earn as a resident. A Mount Sinai resident on a $70K stipend who will be earning $350K as an attending qualifies on the attending figure under physician-program lenders.
Can Mount Sinai attending physicians get 10% down on a $2M home?02
Yes, in specific structures. Homes under $1.5M are insurable at 10% down with CMHC coverage. Homes at $1.5M and up require 20% down on conventional mortgages, but physician programs can structure the down payment using PLOC plus personal funds.
Is Sinai Health eligible for all physician mortgage programs?03
Yes. All major physician programs treat Sinai Health and Mount Sinai Hospital as University of Toronto teaching sites, meaning residents and attendings have the same eligibility as UHN or SickKids staff.
How does incorporation affect mortgage qualification for a Sinai Health attending?04
Incorporation shifts qualification from personal T4 income to corporate revenue plus dividend history. This typically improves qualification power because retained earnings inside the corp count as capacity. Specialty lenders handle this structure directly.
What is the typical down payment source for a Mount Sinai fellow?05
A mix of personal savings, family gift (RBC, Scotia, and National all accept documented family contribution), and physician PLOC. Rarely a single source. We map the full structure before the purchase offer.
Can I qualify for a mortgage with maternity leave during residency?06
Yes. Physician-program lenders treat parental leave as a temporary career status, not a qualification break. Income projection continues based on your signed contract and expected return date.
Other hospitals in the same network.
Let's map your mortgage path at Mount Sinai.
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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