Cmhc C m h c

CMHC apartment refinance: up to 85% LTV with MLI Standard (95% with MLI Select), 1.10-1.20 DSCR required. Wait 12-18 months after purchase for equity buildup. Under July 2025 risk-based pricing: base insurance premium 2.5-6%+ (10-30% MLI Select discount; 0.25% surcharge per 5-yr amortization extension beyond 25 yrs), appraisal $3-5K, legal $2-3K. Use equity for more properties or renovations. Up to 40-year amortization (50 yrs MLI Select).