CHMC Multi-Family Insured Lending

Over 30% of Canadians rely on rental housing, and as a mortgage loan insurance provider for multi-unit residential properties, CMHC ensures that Canadians’ rental housing needs are met while supporting government efforts to expand and preserve the rental unit supply. By offering preferred rates for the construction, purchase, and refinancing of multi-unit residential properties, CMHC can lower borrowing costs and make it more attractive for builders and investors to build and hold rental properties. Additionally, CMHC mortgage loan insurance provides access to incentives such as higher loan-to-value ratios, lower debt servicing requirements, and reduced lender fees to encourage the construction, preservation, and improvement of rental properties.

SkyReach will work closely with you to identify the right lender and the most suitable CMHC program for your project. The majority of CMHC-insured loans have specific eligibility requirements that conventional lenders don’t always ask for. Our brokers have a thorough understanding of these requirements and can help you navigate the process to ensure a successful outcome.