Financing for rental property owners and developers
Whether you are purchasing an apartment building, renewing a rental property mortgage or planning a new multifamily development, start with a review of the property’s income, operating expenses and financing needs.
Purchase, refinance or build
- Apartment building purchases: assess loan capacity, available equity and rental income.
- Renewals and refinancing: review current debt, mortgage maturities and potential equity release.
- Rental construction: discuss project costs, construction funding and a long-term financing plan.
- Property improvements: evaluate the effect of renovations, lease-up and operating changes on financing.
Conventional and CMHC-insured options
We help explore a suitable lender and financing structure for your rental property. Conventional financing and CMHC-insured options may be considered depending on the property, borrower and program eligibility.
CMHC mortgage loan insurance supports construction, purchase and refinancing of eligible multi-unit rental properties. Insurance eligibility and lender approval require assessment; no financing terms or approval are guaranteed.
Review CMHC’s multi-unit rental housing information ↗Multifamily financing across two provinces
British Columbia: Surrey, Langley, Vancouver, Burnaby, Richmond, Victoria, Kelowna and communities across BC.
Alberta: Calgary, Edmonton, Red Deer, Lethbridge, Medicine Hat and communities across Alberta.
Financing services are provided through appropriately licensed mortgage professionals in each province. Contact Deepak as your initial point of contact.
What we review
- Property location, unit count, occupancy and rent roll.
- Operating statements, net operating income and debt-service coverage.
- Purchase price or estimated value, current debt and requested loan amount.
- Available equity, borrower financial strength and financing timeline.
- Construction budget and project information where applicable.
Please contact us to arrange secure delivery of financial documents.
Discuss your multifamily property
Tell Deepak about your property, financing goal and timeline.