MLI Select Points Calculator

CMHC MLI Select is an enhanced mortgage insurance program designed specifically for multi-unit residential properties that commit to social and environmental outcomes. Launched as part of CMHC's broader mandate to support affordable housing and sustainability, MLI Select rewards property owners who align their investments with national housing and environmental goals.

Unlike traditional MLI Standard financing, which requires only standard underwriting, MLI Select creates a points-based qualification system. Properties earn points across affordability (units at or below 30% of median renter income), energy efficiency (percent improvement vs baseline/code), accessibility (universal design), and an optional longer affordability commitment. These points directly translate into more favorable financing terms.

How the MLI Select Points System Works

The MLI Select points calculator scores affordability, energy, and accessibility, plus an optional +30 commitment bonus for 20+ year affordability commitments. A minimum of 50 points is required to qualify for MLI Select financing; benefit tiers unlock at 50, 70, and 100 points.

Category 1: Affordability

Affordability points reward units rented at or below 30% of median renter income. Existing buildings score 50/70/100 points at 40%/60%/80% of units. New construction scores 50/70/100 points at 10%/15%/25% of units. Committing for 20+ years adds a +30 point bonus on top of the affordability ladder.

Category 2: Energy Efficiency

Energy points use percent-improvement ladders versus a baseline or energy code (NECB, NBC, or legacy for new construction). Existing buildings typically earn 20/35/50 points at 15%/25%/40% energy reduction. Third-party verification is required to claim points.

Category 3: Accessibility

Accessibility points recognize universal design and barrier-free units. 15% or more accessible units earns 20 points; 100% accessible earns 30 points. Below 15% earns no points in this category.

Points Translate to Real Benefits

Your total MLI Select score directly determines your financing benefits. Here's what each qualification level unlocks:

For investors, the difference is substantial. On a $5 million acquisition with 95% LTV and a 30% insurance premium discount, an MLI Select deal could save $40,000-$60,000+ compared to MLI Standard financing. Add in the longer 50-year amortization at maximum points, and monthly debt service drops significantly, improving cash flow and returns.

Who Should Consider MLI Select?

MLI Select is ideal for:

• • PBR Developers: Purpose-built rental projects with affordability components naturally score high
• • Institutional Investors: Seeking ESG alignment and stable, long-term rental income
• • Retrofit Projects: Existing buildings upgraded for energy efficiency or accessibility
• • Specialized Housing: Seniors' residences, student housing, and accessible rental properties
• • Capital-Constrained Buyers: The 95% LTV means less upfront equity required

Getting Your MLI Select Financing

The first step is calculating your points using this free calculator. Once you know your score, our lending specialists can help you prepare documentation, structure your commitment (affordability, energy, or accessibility), and guide you through the CMHC MLI Select application process. We work closely with CMHC and lenders to ensure your application is competitive and approved efficiently.

MLI Select financing can be a game-changer for the right property and investor profile. Whether you're building new, retrofitting existing assets, or acquiring stable income-producing rentals, understanding your MLI Select points is the first step toward optimized financing.