CMHC Insured Term Mortgage
Our team of industry experts average over 30 years of CMHC expertise and will ensure that your real estate goals are understood and met.
CMHC Insured Term Mortgage Details
| Transaction types |
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| Eligible property types |
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| Locations |
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| Loan amounts | $5M to $100M+ |
| Maximum LTV | Up to 85% |
| Terms | 5 and 10 Years (other terms may be available) |
| Interest rate | Competitive spread over Canada Mortgage Bond (CMB) rates |
| Recourse | As may be required by CMHC |
| Lender fees | Flexible and structured for each loan |
| Commitment fees | 1% paid on commitment acceptance (refunded upon loan advance) |
| Amortization | Up to 40 years |
| Eligible security |
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| Minimum debt service coverage |
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| Reserves/ holdbacks | May be required per CMHC Certificate of Insurance |
| Reports | Phase I ESA |
| Other | Early rate lock program available to eliminate interest rate risk in advance of funding |