Each lender offering a projected income mortgage will have different rules about what your income should be, and when, in order to pass their stress tests. However, in general, you can expect the following income qualifying amounts: Doctors: First and second year medical residents or fellows - $185K. Third year and above medical residents or fellows - $225K. Last year family medicine residents or fellows - $225K. Last year speciality medicine residents or fellows - $225K - $379K (depending on the specialty). Those within their first 24 months of practice - $225K - $379K (depending on the specialty). Foreign-trained physicians licensed by a provincial college within the last 24 months - $225K - $379K (depending on the specialty). Must be Canadian residents. Dentists: Last year dental residents, fellows or students, or those within their first 12 months of practice - $124K. Veterinarians: Last year veterinary medicine residents, fellows or students, or those within their first 12 months of practice - $86K. In all of the above cases, you will need to provide: Proof of your current income, assets and debts. These will be verified as per usual. Proof of your residency enrollment and year of completion. Note: If you are a first-year medical student who has not yet begun your residency, but have been accepted into a program, you may be able to use an acceptance letter to qualify. Please see more on our website.