CMHC Multi-Family Financing.
CMHC Multi-Family Financing
When we hear of the Canadian Mortgage and Housing Corporation (CMHC) we tend to think of homebuyers with a minimal down payment. In fact, CMHC participates in financing that is very appealing to investors and builders in in Canada. Not only will you receive some of the lowest rates available, you are also able to seek higher leverage which creates great opportunity. CMHC mortgage loan insurance provides access to preferred interest rates lowering borrowing costs for the construction, purchase and refinance of multi-unit residential properties and facilitates renewals throughout the life of the mortgage.
Purchase (with or without property improvements)
Partial Discharge for Sale of Condominium Conversion Project.
Purchase: 85% Loan to Value
Refinance: 85% Loan to Value
Fixed & Floating Interest Rates
First, Second, Pari Passu.
This program has been designed to assist developers obtain flexible financing options for affordable housing projects. Options exist and will assist you and your plans to construct, covert, or replace affordable housing units.
Retirement & Long Term Care Facilities
If you a current owner, or a developer of senior housing properties, we can assist you obtain purchase and refinancing solutions.
If you are a developer of condominium and multi-family property, you may qualify for very desirable constructing financing. Funds may be utilized for construction and capital improvements.
We leverage our relationship to CMHC multi-family financing providers and represent you and your financing requirements. If you have any questions or wish to discuss your financing requirement, please contact us anytime.