Bridge Loans for CMHC MLI Select
Bridge to CMHC MLI Select.
Interim financing for multi unit projects working toward a CMHC MLI Select take out, so construction and acquisition timelines keep moving.
From $300,000
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What you get
- Interim capital ahead of the insured take out
- Structured around the MLI Select timeline
- Interest only payments during the term
- Built for multi unit residential projects
How it works
- 01
Share the project
Unit count, budget, and where the MLI Select application stands.
- 02
Structure the bridge
We size interim capital against the appraised value and the take out.
- 03
Take out and clear
The insured financing completes and the bridge is repaid.
Low stress process
No GDS/TDS. No CRA documents. No minimum credit score.
Interest only options
Keep monthly costs low while your plan comes together.
Quotes in 2 hours
Professionals lending since 1980.
Bridge Loans for CMHC MLI Select questions, answered
What project sizes do you consider?
Commercial and multi unit files from $300,000 to $1,000,000.
Does the MLI Select approval need to be in hand?
No, but a credible path to the insured take out is essential.
Are payments interest only?
Yes, payments stay interest only through the bridge term.