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.
Loan used to payout existing mortgage registered against the property
Loan used to payout existing mortgages and liberate equity to be used in renovation and expansion of borrower’s portfoli
Conventional mortgage used to facilitate purchase of subject property
Construction takeout financing for development of subject property
CHMC insured refinancing first mortgage against property
Bridge the purchase while waiting for CMHC for permanent term financing
Provide construction financing for a multi-residential property
CMHC construction financing
2 years term, interest only
LTV: 85%
Providing CMHC insurance to assist in the acquisition of subject 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.