For the purpose of commercial lending, multi-family residential property consists of buildings with 5 or more residential units. Commercial multi-family units are typically found by way of apartment buildings, townhouses, or row housing. Types of multi-family financing available are:

CMHC Insured Construction (up to 95% of Cost) and Term Financing (up to 95% LTV)

As a direct correspondent with CMHC we have a proven track record along with the trust of some of Canada’s largest insured lenders. This allows us to deal directly with the decision makers and get our clients approvals in a timely manner. CMHC offers borrowers higher leverage, lower cost funds, and longer amortizations allowing borrowers to predict their cash flows and realize higher returns.

Standard Term Financing

Lending solutions up to 75% loan to value for the acquisition of a new property or re-financing of an existing one. Typically, this type of financing is for Borrowers looking for a longer-term loan that provides stable and predictable cash flow.

Standard Construction Financing

Lending solutions up to 85% of cost for the construction of a new multifamily property. Typically, this type of financing is for Borrowers that have a clear exit strategy at the end of construction and can either achieve CMHC Take Out financing or Standard Term Financing.

Bridge Financing

Bridge financing is typically used for short term solutions which will allow a borrower to access equity to purchase another property or to repair or renovate an existing property without having to access capital from personal sources.

Second Mortgages

Second mortgages are often used when the existing term mortgage has a longer period until expiry and the borrower wishes to access equity in their property. These funds are often used to either purchase another property or to renovate or improve their existing property.