CMHC financing
Typically, CMHC-insured financing offers lower interest rates and longer amortizations, enabling borrowers to manage cash flow more effectively and realize higher returns.
An overview of recent First National financings across geographies and asset classes, including a brief summary of deals and the financing amounts.
See how we’ve applied our financing products innovatively to help multi-family borrowers achieve their goals with performance and value.
New CMHC insured 1st mortgage to payout existing construction
A new CMHC insured first mortgage used to refinance the existing mortgage
Pari-Passu Mortgage
Proceeds from this loan will be used to payout the existing First National, CMHC insured first mortgage
The loan will be used to renovate 24 units over 4 years.
To finance the acquisition of a residential and commercial portfolio
Bridge-to close followed by CMHC loan Bridge:
CMHC loan:
A CMHC Insured First Mortgage on the subject property
A new first mortgage used to refinance both the first and the second mortgages registered against the property
Original perspectives and personal viewpoints on developments and industry trends in commercial real estate.
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Standard financing is usually considered when borrowers are acquiring a new property or refinancing an existing one and want longer-term financing with predictable payments.
Bridge financing addresses a borrower’s short-term needs, usually three months to three years.
This short-term financing option enables access to a property’s equity for improvements, renovations or repairs, eliminating the need to raise funds from personal sources.
Second mortgages are often used to access equity in a property when a borrower wants to purchase another asset or renovate/repair a property.
A construction loan helps borrowers manage periodic payments for contract work during the building of a real estate asset.
Economic and political developments – both in Canada and globally – can impact the commercial real estate market. First National experts follow these trends closely and provide honest, real and professional perspectives into what they could mean for your portfolio.