Residential Mortgage for Multi-Family Property

It is possible in some cases to finance legal and conforming 5 to 8 unit multi-family properties with a residential mortgage. For anything over 8 units, commercial mortgage must be used. Click here for commercial mortgage financing.

Overview:

  • All standard risk and credit underwriting
  • Program is limited to some locations in South Ontario
  • Up to 75% loan to value
  • Minimum credit score of 700
  • Title in personal name only, no holding coporations
This program is only available for:

  • 5 unit multi-family residential property
  • 6 unit multi-family residential property
  • 7 unit multi-family residential property
  • 8 unit multi-family residential property
Call 647-870-7004 to go over any questions you might have.