Ralhan Capital

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Refinancing and Renewal
If you already own a multi-unit residential property, CMHC refinancing and renewal options can help you access additional capital, renegotiate terms, and improve cash flow. Our experts can explain flexible solutions to meet your changing financial needs and ensure the long-term viability of your investment.

Some of the key advantages include:

  • Increased Loan-to-Value (LTV) Ratio:

    CMHC Refinancing and Renewal programs may offer a higher LTV ratio, allowing property owners to access a larger portion of their property's equity. This increased borrowing capacity can be used for various purposes, such as property improvements or debt consolidation.

  • Lower Interest Rates:

    CMHC Refinancing and Renewal programs often come with competitive interest rates, which can be lower than prevailing market rates. By refinancing or renewing with CMHC, property owners can potentially reduce their borrowing costs and monthly mortgage payments.

  • Extended Amortization Periods:

    CMHC may provide longer amortization periods compared to conventional refinancing options. Extending the repayment term can lead to lower monthly payments, offering greater cash flow flexibility for property owners.

  • Access to Equity:

    CMHC Refinancing enables property owners to tap into their property's equity, which can be reinvested in the property itself or used for other investment opportunities. This access to capital can support business growth and expansion.

  • Cash-Out Refinancing:

    CMHC allows property owners to obtain cash out of their property's equity during the refinancing process. This additional cash can be used for various purposes, such as funding renovations or purchasing additional multifamily properties.

  • Non-Recourse Financing:

    Like other CMHC programs, Refinancing and Renewal options are typically non-recourse loans, meaning the borrower's personal assets are not at risk in the event of default.