CMHC SCHL MLI SELECT

CMHC MLI Select is a robust financing program backed by the Canadian Government, designed specifically for multi-unit financing in real estate investment involving properties with five or more units. This program significantly enhances deal economics by offering high leverage of up to approximately 95% LTV, extended amortizations of up to 50 years, and reduced borrowing costs. In return, investors are encouraged to incorporate elements of affordability, energy efficiency, or accessibility into their projects. For real estate investors, this translates to less capital required per acquisition, improved cash flow from lower debt payments, and the ability to expand their portfolios much more quickly than traditional financing allows, turning marginal deals into viable options and exceptional deals into even greater opportunities. The main trade-off involves committing to specific rent or building performance criteria to access the most favorable financing terms.