In this episode, Sandy MacKay introduces the topic and provides a comprehensive overview of CMHC's new mortgage loan insurance product, focusing on borrower eligibility criteria. Sandy delves into the flexibility offered in rental income calculations and the updated creditworthiness guidelines, providing insights into how these changes can benefit multifamily real estate investors. The discussion further explores strategies for financing property improvements and managing associated costs with the support of CMHC. Sandy concludes the episode with reflections on how these developments can impact the multifamily real estate landscape.
