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.

Loan Purposes
Purchase (with or without property improvements)
Refinance
Capital Improvements
Construction
Equity Takeout
Partial Discharge for Sale of Condominium Conversion Project. 

Property Types
Affordable Housing
Nursing Home
Apartment
Townhouse
Retirement Homes

Typical Terms
Purchase: 85% Loan to Value
Refinance: 85% Loan to Value
Fixed & Floating Interest Rates
Extended Amortizations
First, Second, Pari Passu. 

Affordable Housing 
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. 

Construction Financing: 
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.