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CMHC MULTI-UNIT - CONDOMINIUM CONSTRUCTION

CMHC MULTI-UNIT - CONDOMINIUM CONSTRUCTION

FLEXIBLE FINANCING SOLUTIONS FOR CONDOMINIUM

CONSTRUCTION

 

CMHC Mortgage Loan Insurance enables Approved Lenders to help developers benefit from greater financing choices and access competitive interest rates.

 

FEATURES

- Available for construction of new condominium buildings in

Canada.

- Loan-to-cost of up to 85% available based on presales.

- Source of Equity – Can be in the form of cash, subordinated

debt or land at value.

- Limited non-residential space permitted.

 

www.cmhc.ca/multi-unit 1-877 Multi GO

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Québec Landlords Association (1)

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