CMHC MLI SELECT
The CMHC MLI Select program offers unique incentives for real estate investors, builders and developers through a points based system. Points are given for reaching targets regarding affordability, accessibility and energy efficiency. By reaching benchmarks in one, two or all three categories you can reduce your premiums and access longer amortization periods all while creating better buildings.
ThermalWise is a CMHC MLI Select recognized third-party offering certifications and energy modelling services. Our qualified energy advisors conduct testing and provide reports to prove your commitment to energy efficiency. These reports help you access opportunities through the MLI Select program. The more committed you are the better the incentives.
Want more information?
Find the CMHC’s MLI Select Fact Sheet Below
THE BENEFITS
The MLI Select Incentives include these, among others
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CMHC MLI Select offers access to competitive mortgage insurance rates to eligible applicants. These rates can potentially reduce the overall borrowing costs.
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Buildings that acquire the minimum 50 points can obtain 40 year amortization periods with a max of 50 year period for those reaching 100 points.
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New and existing residential properties can obtain a 95% loan to cost ratio.
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Making the necessary upgrades to your building will also lead to a reduction in operational costs.