Getting Keys and Closing Deals

CMHC INSURED LOANS: NEW CONSTRUCTIONS AND IMPROVEMENTS


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In my last episode, we covered CMHC’s Purchase Product—but what if the home you’re buying needs some work? Or what if you’re building from the ground up? That’s where CMHC’s Improvement Product comes in.

This episode explores how homebuyers can access insured financing of up to 95% of the “as-improved” value for 1- or 2-unit owner-occupied properties, and up to 90% for 3- or 4-unit properties. Whether you’re renovating an existing home or constructing a new one, this product could be the key to making your vision a reality.

Tune in to learn how it works, and who qualifies!

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Getting Keys and Closing DealsBy Bolloite Offor