Canada Mortgage & Housing Corporation
CMHC is Canada’s provider of mortgage loan insurance for the construction, purchase and refinancing of multi-unit residential properties, including rental buildings, licensed care facilities and retirement homes.
Peoples Trust has become one of the leading participants in CMHC’s CMB program by providing extremely competitive term financing rates for CMHC insured product.
Over the past 30 years, Peoples has developed an excellent relationship with Canada Mortgage and Housing Corporation and is adept at using mortgage insurance as a mechanism to reduce borrowing costs for our clients.
We work on behalf of our clients to secure financing approvals on rental apartment buildings, care facilities and retirement homes, and we work continuously on making the approval process as expedient as possible.
CMHC lending is a core business line for Peoples Trust with all internal processes driven to support this avenue. Our process and our significant in-house expertise have made us a leader in providing CMHC financing.