Mortgages for Ontario respiratory therapists
Respiratory therapists in Ontario hospitals sit in the professional or paramedical unit, most often OPSEU, on a schedule bargained at each hospital. The role runs around the clock, so shift premium and overtime are a routine part of pay rather than an occasional extra, and that is exactly the part lenders discount without evidence.
Who bargains this job
Hospital RTs are usually in the OPSEU paramedical or professional unit. Home and community respiratory care providers have their own agreements. Each hospital bargains its own schedule.
We have not published a pay grid for this role yet, so there is no figure on this page. We will not print a number we have not read in the agreement itself. Tell us where you work and we will read that agreement next.
What a respiratory therapist wage buys
An estimate, not an approval. Send it over and we will confirm it against your own stubs.
Ask Jeff and EmilyHow your pay lands on a mortgage file
Nights and weekends are the job, not the exception
A department covering twenty-four hours pays evening, night and weekend premiums as a matter of course. Over a year that is a material share of income, and on many stubs it is folded into the wage line rather than shown separately, which is why it goes uncounted.
Overtime here is structural
Minimum staffing in critical care means overtime is regular rather than occasional. Two years of T4s tell that story far better than a single stub, and that is the evidence most lenders want before they will use it.
Transport and specialty teams carry their own rates
Assignment to a transport, NICU or ECMO team usually carries a defined premium. If it is not in the application, the file is short by that amount.
Casual lines at a second hospital
Holding a casual line elsewhere on top of a permanent position is common and countable, with the usual two-year history test.
Reading for this
Respiratory therapists mortgage questions
It can, and it is frequently missed because on many stubs the premium sits inside the regular wage figure rather than on its own line. Naming it from the collective agreement is what gets it identified and counted.
Two years is the common ask, evidenced by T4s. Some lenders will work with one year and a strong explanation, and where the trend is clearly upward that is a conversation worth having rather than assuming.
Already have a mortgage
Rate and balance are on your renewal letter or your online banking. We will read the rest of it with you.
Have us check it
Mudrick Mortgages, BRX Mortgage Inc.
Newmarket, Ontario. Serving Ontario.
Buying or renewing in Ontario?
Book a call, or send us your grid and we will come back with the number.