Mortgage Loan Insurance Flexibilities from CMHC

To support the creation
of affordable housing, CMHC enables lenders to offer
financing flexibilities to home buyers and developers
of multi-unit properties. Our flexibilities can help
homebuyers by accepting a broader range of down payment
sources and higher ratios. We can also help developers with
reduced equity requirements, lower premiums, flexibility
in cash flow requirements and loan advancing. Without CMHC’s assistance, it
would have been very difficult to proceed with this project
as an affordable development. Mortgage loan insurance
flexibilities. One more way
CMHC helps Canadians meet their housing needs.

Paul Whisler

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