InstaFund Financial (Commercial) Can Access All CMHC Lending Programs
Canada Mortgage and Housing Corporation (“CMHC”) offers low-cost/high-ratio financing to owners and developers of residential housing. CMHC-insured loans effectively become guaranteed by the Government of Canada. As a result, total borrowing cost is usually less than borrowing from conventional sources.
Access to CMHC Programs
- InstaFund Financial (Commercial) is a CMHC correspondent and has access to all CMHC lending programs.
- High-ratio construction financing
- Term Loans for Apartment Buildings and Townhouse Projects
- Non-recourse lending to non-profit housing societies, church-groups, charities, etc.
- Senior Housing including Congregate and Intermediate Care Facilities
- RRAP Financing to convert or improve rental housing