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Radiology mortgages, done right.

Radiology is a high-earning, heavily incorporated specialty, often with partnership or group structures. Reading that structure correctly is the qualification.

The short answer

On the physician program's projected income of $300,000 for radiologists in the final year of training and the first 36 months of practice, the debt-service ratios allow roughly $1,710,000 with 20% down and no student debt, or about $1,400,000 with 10% down and $150,000 of student debt. Established radiologists qualify on actual income, and incorporated radiologists on corporate income, which is usually higher.

$300K
Projected income
Program chart, final year and 36 months after
$3M+
Incorporated qualification
On corporate or partnership income
50-80%
Incorporation uplift
Versus personal T4 alone
01

How radiologists earn.

Radiologists are frequently fee-for-service through group practices or partnerships, and most attendings incorporate. Income is high, and the corporate or partnership structure is central to qualification.

Projected income$300,000 projected income, final year and first 36 months of practice (program chart)
Typical qualificationRoughly $1,710,000 on projected income with 20% down
02

The numbers, with sources.

Nothing on this page is a guess. The projected income comes from the program chart, the qualification figures are computed from it with the same ratios a lender applies, and the income data comes from public reporting.

$300,000Projected income the program uses
Program specialty chart, "Diagnostic Radiology", final year of training and first 36 months of practice
Source: Physician projected-income program factsheet, September 2023 edition. Full schedule and rules
5 yearsResidency length
The final-year window, where the specialty figure applies, opens in the last of these years and runs 36 months past completion.
Source: Royal College, Diagnostic Radiology specialty training requirements. Source
CIHI excludes radiologists and other imaging specialists from its payment tables for comparability, so no national payment figure exists.
3,159radiologists in Canada, 2024
Active physicians, excluding residents and retired physicians.
Source: CIHI, Supply, Distribution and Migration of Physicians in Canada 2024, Table 1.0, physicians by specialty, Canada, as of December 31, 2024. CIHI table
What $300,000 qualifies for
20% down, no student debt$1,710,000
10% down, $150,000 student debt$1,400,000
Contract rate 4.49%, qualifying rate 6.49%, 39% GDS and 44% TDS, property tax 0.75% of price, heating $100 a month, student debt counted at 5.25% over 15 years, program insurance tiers when insured. Rounded to the nearest $10,000. Illustration, not a pre-approval.
03

What matters for your mortgage.

Group and partnership income
Radiology income often flows through a group or partnership. The lender must read partnership distributions and corporate income, not just T4.
High capacity
High income supports large purchases, frequently in conventional territory where structure and penalty type matter.
Incorporation is standard
Most radiologists incorporate. Corporate-income qualification captures the income left in the corporation for tax deferral.
04

Incorporation and your qualification.

Radiology corporations and partnerships hold significant income that a personal T4 never shows. Corporate and partnership-income programs read distributions and retained earnings, typically lifting qualification by 50-80%.

FAQ

Radiology mortgage questions.

How much mortgage can a radiologist qualify for in Canada?01

On the physician program's projected income of $300,000 for radiologists in the final year of training and the first 36 months of practice, the debt-service ratios allow roughly $1,710,000 with 20% down and no student debt, or about $1,400,000 with 10% down and $150,000 of student debt. Established radiologists qualify on actual income, and incorporated radiologists on corporate income, which is usually higher.

How is radiology partnership income treated for a mortgage?02

Partnership and group income must be read through partnership distributions and corporate statements, not just personal T4. A physician-friendly lender uses the full structure, which protects qualification for radiologists in group practices.

Keep reading
Incorporated physician mortgages
How much can a physician qualify for
Incorporated physicians (overview)

Prices and payment examples are estimates for planning only. Your actual numbers depend on income, down payment, debt, credit, location, and current lender pricing.

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