Ijara Community Development offers projected-income home financing for dentists and veterinarians nationwide in Canada. Residents, fellows, or newly practicing dentists and vets who completed the program within the last 12 months can qualify on projected earnings. The structure is ijara wa iqtina. Down payment: 5 percent on the first $500,000, 10 percent above that (10 percent if self-employed). Terms 1 to 5 years, 25-year amortization, 10 to 20 percent annual prepayment. The physician sibling uses a 24-month window. Manzil is not a dentist-loan product in our data. Start on the home financing hub and the physician program.
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Who Qualifies
The dentist and veterinarian projected-income program is nationwide in Canada. You are in scope if you are in residency or fellowship, or you are newly practicing and completed the program within the last 12 months. Underwriting uses projected earnings, not only the stipend you earn today. Confirm specialty, offer-letter timing, and documentation with Ijara CDC. Do not confirm whether they serve your province. They do.
Program Terms We Can State
| Item | Dentists and veterinarians | Physicians (sibling) |
|---|---|---|
| Structure | Ijara wa iqtina | Same ijara structure. See the physician page |
| Geography | Nationwide in Canada | Nationwide in Canada |
| Window | Residency/fellowship, or newly practicing within 12 months of completing the program | 24-month window. Not this page |
| Down payment | 5 percent on the first $500,000, 10 percent above (10 percent self-employed) | See the physician page |
| Term and amortization | 1 to 5 year terms, 25-year amortization | Same general terms on the sibling page |
| Prepayment | 10 to 20 percent annual | See the physician page |
| Rates | No published rates. Get a written quote | No published rates on that page either |
Those are the bands we can publish. Do not treat a blog as a rate sheet. Get the down payment, rent schedule, and early-payoff language in writing for this purchase.
Manzil Is Not a Dentist-Loan Product
| Provider | Dentist / vet projected-income mortgage | What to use them for instead |
|---|---|---|
| Ijara CDC | Yes. Nationwide Canada, facts in the table above | This house, including a resident, fellow, or newly practicing file |
| Manzil | No. Not a dentist-loan product in our data | Halal investing nationwide, and Manzil's own purchase mortgages (musharaka in ON, BC, AB, SK; murabaha in ON only) |
If you also want a screened TFSA or FHSA, Manzil investing is a separate conversation. Do not shop Manzil as a substitute for this Ijara dentist or vet file.
Frequently Asked Questions
Can a dentist or veterinarian get a halal mortgage on projected income in Canada?
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Yes, on Ijara CDC's projected-income program if you are in residency or fellowship, or newly practicing within 12 months of completing the program. Confirm documents for this file.
Is the window 12 months or 24 months?
Dentists and veterinarians: 12 months. Physicians: 24 months. They are sibling programs. Read halal mortgage for physicians if that is your file.
Does Manzil offer a dentist mortgage?
Not in our data. Manzil is not a dentist-loan product. Use Ijara CDC for this file.
What down payment should a dentist or vet plan for?
5 percent on the first $500,000, 10 percent above that, and 10 percent if self-employed, with 1 to 5 year terms and 25-year amortization. Get the band in writing.
Bottom Line
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See side-by-side comparisons of Shariah-compliant products, or let our matcher recommend the best options for your situation.
Canadian dentists and veterinarians who are finishing training, or who completed within 12 months, can use Ijara CDC projected-income ijara nationwide. Manzil is not that product. Get a written quote, then compare on the home financing hub.
