Author: Mark Baltazar and Mike Rockall

CMHC’s New Guidelines Affecting Refinancing on Multi-Unit (5+) Buildings

    On May 28th, the Canadian Housing and Mortgage Corporation (CMHC) announced new mortgage loan underwriting  guidelines for multi-unit (5+ units) residential properties. Here is an overview of what the new guidelines permit and restrict when refinancing with using a CMHC-insured mortgage: At the time of writing, we (Peak Multifamily Investments) have spoken to […]