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Content tagged with: Financing

CMHC underwriting mortgage changes

Darryl D. Bellwood Residential Financing National Jun. 6 2017

If you are already an apartment building owner or looking to purchase an apartment building. you have two mortgage options. They are a Canada Mortgage and Housing Corporation-insured mortgage or a conventional mortgage (non-CMHC).  There are pros and cons to

The power of the second mortgage

Adam Powadiuk Commercial Financing National Mar. 16 2017

Many people think of second mortgages as an option reserved for riskier deals or under-capitalized borrowers. The truth is it’s a tool used by a wide cross-section of investors to serve many purposes. Cap rates continue to sink lower and

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