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 Group has become one of the leading participants in CMHC’s CMB and market MBS programs by providing extremely competitive term financing rates for CMHC insured product.
For more than 35 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, student housing 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 Group 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 on a National basis.