Tag: commercial mortgage
CMHC Allows Commercial Financing up to 85 per cent
By: Elias KellendonkWith the Canada Mortgage and Housing Corporation’s multi-unit insurance coverage, a commercial investor can attain up to 85 per cent financing toward their commercial purchase.
Green Commercial Ventures Receive Federal Funding
By: Elias KellendonkConstruction loans and land development financing is available to fund capital costs. Construction mortgages can provide up to 75 per cent financing.
Private Commercial Lenders Provide Alternate Route for Commercial Funding
By: Elias KellendonkPrivate commercial lenders, particularly in the commercial mortgage market, are increasingly becoming the go-to for hard-to-fund commercial projects.
Commercial Mortgages Seeing Increased Funding Outside of Banks
By: Elias KellendonkForeign lenders, outside of large banks and insurance companies, are upping the commercial financing available for non-prime commercial borrowers.