CMHC MLI Required Documents
The document list we use to underwrite MLI Select and MLI Standard — so you are not guessing what the lender will ask for.
A printable, gated checklist of borrower- and sponsor-side documents for a Canadian 5+ unit CMHC MLI acquisition, refinance, or construction takeout. It covers property, operations, entity, guarantors, and the extra items that show up on refinance and new construction.
Fewer incomplete submissions
Missing Phase I or a thin T12 is how MLI files stall. The list flags 7+ environmental and construction extras before you book the appraiser.
Same list we underwrite to
This is the working inventory LendCity™ uses on MLI files — not a generic “send everything” dump.
Pairs with the PNW spreadsheet
Guarantor net worth is on the list. Download the LendCity™ PNW workbook from the same downloads hub when you are ready to fill it.
Borrower- and sponsor-side documents LendCity™ uses to underwrite a CMHC MLI file. Names are public-facing — not CMHC form numbers.
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Appraisal
Current appraisal with value, cap rate, suite mix, and market rent opinion.
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Purchase and sale agreement
For acquisitions — price, closing date, and any conditions.
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Property tax bill
Current municipal tax notice for the subject.
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Insurance
Building insurance binder or quote for the subject property.
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Phase I environmental site assessment
Required on 7+ unit files. Flag if missing on a larger building.
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Rent roll
Current unit-level rents, occupancy, and vacancies.
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Operating statements (T12)
Trailing twelve months plus history when available — taxes, insurance, utilities, vacancy.
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Entity documents
Articles, ownership, and org chart for the borrowing entity.
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Personal net worth (guarantors)
PNW statement per guarantor. Use the LendCity™ spreadsheet.
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Portfolio summary
Properties owned, units, and existing debt at a glance.
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Existing mortgage statement
Current balance, lender, and remaining term at funding.
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Construction budget
Hard/soft costs, contingency, suite layouts, and contracts or QS report when available.
- Is this an official CMHC form?
- No. It is LendCity™’s working document list for MLI Select and MLI Standard files. CMHC and the lender can still request more.
- Do I need a Phase I environmental?
- On 7+ unit files, plan on a Phase I ESA. Smaller buildings may still need one if use or history is messy — flag it early.
- Does this work for MLI Standard as well as Select?
- Yes. The property, income, entity, and guarantor pack is the same core. Select adds points evidence (affordability, energy, access) on a separate checklist.
Email to download
Name and email. We send the file and can follow up on the matching desk.