CMHC Financing
Peakhill is one of Canada’s largest CMHC-insured lenders in the apartment space, funding over $13.5 billion across over 2,500 loans since inception. We have established a strong track record of delivering exceptional results for our borrower clients with competitive CMHC financing programs.
How CMHC Financing Works
The Canadian Mortgage and Housing Corporation (CMHC) certifies NHA-approved lenders to provide mortgage-insured loans. Through built-in safeguards, insured loans give borrowers access to competitive financing options to support affordable housing initiatives. By working with a CMHC-approved lender, borrowers can take advantage of a full suite of programs, from Standard Rental to MLI Select, ensuring that construction, purchasing, and refinancing needs are met with favourable terms designed to maximize investment potential.
Our Offerings
CMHC Insured Term
CMHC MLI Select
CMHC Construction Financing
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
CMHC Insured Term
CMHC MLI Select
CMHC Construction Financing
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
CMHC Approved Lender Perks
(INSERT WHY, VALUE PROPOSITION, FAVOURABLE TERMS THAT BORROWERS MAY BE ON INTEREST OF)
- Allude to thought leadership or track record to connect to newsletter
Join The Insiders’ Club
(INSERT CONTEXT OF WHAT IS IN BORROWER NEWSLETTER AND STATE WHY IT WOULD BE OF INTEREST TO EITHER CURRENT OR PROSPECTIVE CLIENTS)
CMHC News & Insights
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 Term
CMHC MLI Select
CMHC Construction Financing
CMHC Insured First Mortgage
Montréal, QC
CMHC Insured First Mortgage
Guelph, ON
CMHC Insured First Mortgage
Ottawa, ON
CMHC Insured First Mortgage
Toronto, ON
CMHC Insured First Mortgage
Brantford, ON
CMHC Insured First Mortgage
Richmond Hill, ON
CMHC Insured First Mortgage
Tilbury, ON
CMHC Insured First Mortgage
London, ON
CMHC Insured First Mortgage
Belleville, ON
CMHC Insured First Mortgage
Bowmanville, ON
CMHC Insured First Mortgage
Victoria, BC
CMHC Insured First Mortgage
Mississauga, ON
CMHC Insured First Mortgage
Toronto, ON
CMHC Insured First Mortgage
Saint-Jerome, QC
CMHC Insured First Mortgage
Chatham, ON
CMHC Insured First Mortgage
Brockville, ON
CMHC Insured First Mortgage
North Vancouver, BC
CMHC Insured First Mortgage
Biggar, SK
Resources
A guideline that defines rent thresholds required to qualify for CMHC financing programs in Canadian rental markets.
A guide that helps developers stay informed of the latest development incentives available for key Canadian municipalities.
Estimate potential savings by seeing how different interest rate buydown options can lower monthly payments and overall borrowing costs.
Track key market benchmarks with daily updates on GoC bond yields, Canada Mortgage Bonds, CAD bank rates, and US Treasuries.
Other Financing Products
Conventional Financing
In addition to CMHC programs, Peakhill provides customized conventional financing across the capital stack for all major asset classes, including multi-family, industrial, retail, office, hospitality, land, and construction.
Our offerings such as bridge loans, mezzanine financing, and tailored debt solutions provide flexible alternatives to support a wide range of project goals.
