New healthcare professionals can qualify for Manulife Bank Select® based on projected income

Manulife Bank's Medical Professionals Program targets the unique financial circumstances of resident and newly practising doctors, dentists and veterinarians. These young professionals can qualify1 for a Manulife Bank Select high-ratio mortgage based on projected income rather than actual historical earnings, allowing them to become homeowners early in their career.

The program is available only for Manulife Bank Select high-ratio mortgages (PDF) with a maximum loan-to-value ratio of 90%.

Who's eligible:

  • Medical doctors enrolled in a recognized Canadian residency program
  • Dentists or veterinarians enrolled in a recognized Canadian residency program and in their final year of residency
  • Newly practising physicians who graduated from an accredited Canadian program within the past 24 months
  • Newly practising dentists or veterinarians who graduated from an accredited Canadian program within the past 12 months

The Medical Professionals Program is a great way for you to help young professional clients get into the housing market with a mortgage that reflects their future earnings potential.

Contact your Business Development Manager to learn more.

1 Subject to credit approval