CMHC MLI Select Financing — Buy Rental Property with 5% Down
MLI Select is a mortgage loan insurance program from CMHC — the Canada Mortgage and Housing Corporation, a federal Crown corporation — built to encourage affordable, energy-efficient, and accessible rental housing across Canada.
Here's why investors pay attention: qualifying multi-unit rental properties (5+ units) can be financed with as little as 5% down — up to 95% loan-to-value — with amortizations stretching up to 50 years. The program is points-based: properties earn points for affordability, energy efficiency, and accessibility, and higher scores unlock better terms.
We've helped many of our clients take advantage of this program to acquire rental properties with only 5% down. If you're looking at apartment buildings or multi-unit rentals in the Lower Mainland, talk to us before you buy — the financing strategy should come before the offer.
