CMHC Financing
Our Offerings
Peakhill is one of Canada’s largest CMHC-insured lenders in the apartment space funding over $7 billion in 2024.
Since inception, we’ve successfully funded more than 1,200 CMHC loans, establishing a strong track record of delivering exceptional results for our borrower clients within the CMHC financing space.

CMHC Insured Term
Construction Financing
CMHC MLI Select
CMHC Insured Term
As a CMHC Insured lender, Peakhill’s clients gain exclusive access to the most competitive CMHC pricing in the market. Not only does Peakhill have the best pricing, but the best execution, advice, and service. Peakhill is a direct lender in:
- Standard Rental
- As an Approved CMHC lender, we offer greater financing choices to borrowers with standard rental housing accommodations for multi-unit properties with a loan advanced up to 75% of costs or lending value during construction.
- Affordable Rental Housing
- This program encourages construction, preservation, and improvement. Peakhill offers flexibility with higher loan to value ratios, lower debt coverage ratios, and reduced premiums. This program may be advanced up to 95% during construction, and up to 85% for an existing property.
- Retirement and Supportive Housing
- This program offers greater financing options for seniors or tenants and offers loan to value up to 75% of ‘as improved’ value, or 85% of ‘as is’ value.
- Student Housing
- Purpose built student houses on and off-campuses. Up to 85% lending value for construction financing, up to 85% purchase price, and up to 85% lending value for refinancing.
• Loan Size: $1-300 Million
• Loan to Value/Loan to Cost: Up to 85%
• Asset Types: Multi-Family or Mixed-Use (up to 30% commercial)
• Prepayment Flexibility: Flexible and Structured for each deal
Construction Financing
As a CMHC insured lender, we are able to provide low cost funding for eligible rental construction financing. Peakhill has funded over $15 billion of term and construction financing in our careers, and through our strategic alignment with CMHC we are able to help provide loans for the construction of rental housing across Canada.
- Loan Size: $1-150 Million
- Loan to Value / Loan to Cost: Up to 95% based on social outcome score
- Asset Types: Multi-Family or Mixed-Use (up to 30% commercial)
- Prepayment Flexibility: Flexible and Structured for each deal
Let us help you navigate some of the affordable rental housing financing programs offered by CMHC.
CMHC MLI Select
Peakhill offers scalable flexibilities through CMHC’s MLI Select product. MLI Select is a multi-unit mortgage loan insurance products that allows borrowers to access reduced premiums and longer amortization periods in return for meeting affordability, accessibility and climate compatibility.
Over half of our CMHC deals are through MLI Select, allowing for construction, improvements, purchasing, refinancing, and building conversions through these loans. The reduced premium rates are applied up front with this program and replace the previous Flex applications that were in place for affordable housing.
CMHC Insured Term
Construction Financing
CMHC MLI Select
CMHC Insured Term
As a CMHC Insured lender, Peakhill’s clients gain exclusive access to the most competitive CMHC pricing in the market. Not only does Peakhill have the best pricing, but the best execution, advice, and service. Peakhill is a direct lender in:
- Standard Rental
- As an Approved CMHC lender, we offer greater financing choices to borrowers with standard rental housing accommodations for multi-unit properties with a loan advanced up to 75% of costs or lending value during construction.
- Affordable Rental Housing
- This program encourages construction, preservation, and improvement. Peakhill offers flexibility with higher loan to value ratios, lower debt coverage ratios, and reduced premiums. This program may be advanced up to 95% during construction, and up to 85% for an existing property.
- Retirement and Supportive Housing
- This program offers greater financing options for seniors or tenants and offers loan to value up to 75% of ‘as improved’ value, or 85% of ‘as is’ value.
- Student Housing
- Purpose built student houses on and off-campuses. Up to 85% lending value for construction financing, up to 85% purchase price, and up to 85% lending value for refinancing.
• Loan Size: $1-300 Million
• Loan to Value/Loan to Cost: Up to 85%
• Asset Types: Multi-Family or Mixed-Use (up to 30% commercial)
• Prepayment Flexibility: Flexible and Structured for each deal
Construction Financing
As a CMHC insured lender, we are able to provide low cost funding for eligible rental construction financing. Peakhill has funded over $15 billion of term and construction financing in our careers, and through our strategic alignment with CMHC we are able to help provide loans for the construction of rental housing across Canada.
- Loan Size: $1-150 Million
- Loan to Value / Loan to Cost: Up to 95% based on social outcome score
- Asset Types: Multi-Family or Mixed-Use (up to 30% commercial)
- Prepayment Flexibility: Flexible and Structured for each deal
Let us help you navigate some of the affordable rental housing financing programs offered by CMHC.
CMHC MLI Select
Peakhill offers scalable flexibilities through CMHC’s MLI Select product. MLI Select is a multi-unit mortgage loan insurance products that allows borrowers to access reduced premiums and longer amortization periods in return for meeting affordability, accessibility and climate compatibility.
Over half of our CMHC deals are through MLI Select, allowing for construction, improvements, purchasing, refinancing, and building conversions through these loans. The reduced premium rates are applied up front with this program and replace the previous Flex applications that were in place for affordable housing.
Recent CMHC Closings
As your leading commercial real estate lender, we take pride in our CMHC pricing, giving you high value loans on multi-family and mixed-use properties. See below some of our recent closings.

CMHC Insured First Mortgage
Toronto, ON

CMHC Insured First Mortgage
Pickering, ON

CMHC Insured MLI-Select First Mortgage
Montréal, QC

CMHC Insured First Mortgage
Sherbrooke, QC

CMHC Insured MLI-Select First Mortgage
Winnipeg, MB

CMHC Insured First Mortgage
Russell, ON

CMHC Insured First Mortgage
Edmonton, AB

CMHC Insured First Mortgage
St. Catharines, ON

CMHC Insured MLI-Standard First Mortgage
Penticton, BC

CMHC Insured Second Mortgage
Prince George, BC

CMHC Insured First Mortgage Construction Financing
Calgary, AB

CMHC Insured MLI-Standard First Mortgage
Prince Albert, SK
Please reach out to our dedicated team of experts for more information, [email protected].