95% LTV CMHC Multi-family Mortgage Is Now Available
MLI Select Highlights
MLI Scoring System
CMHC just launched its new MLI Select program, which allows borrowers to go up to 95% LTV on multi-family loans.
MLI Select incentivizes the preservation and creation of affordable rental housing, energy-efficient buildings and accessible buildings.
The ghist of this great program is to help with affordable housing and enables a group of investors to pool money together to build something quite amazing. Create a legacy even!
Only require 5% down payment and amortization up to 50 years!!! Debt servicing should not be an issue here with CMHC's ultra low mortgage rates.
To find more information, about how you can qualify for this program, please contact me.
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