Very interesting new CMHC program for multi-family investing in Canada

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January 07, 2022

by a searcher in Calgary, AB, Canada

https://www.cmhc-schl.gc.ca/en/professionals/project-funding-and-mortgage-financing/mortgage-loan-insurance/multi-unit-insurance/mliselect

Program launching in spring 2022 and should allow 5% down and 50 years amortization

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Reply by an intermediary
from Harvard University in Fredericton, NB, Canada
Several Cdn banks have also jumped on the bandwagon and are offering new lending programs for multi unit lending.
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Reply by an intermediary
in Oakville, ON, Canada
Interesting
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