Can't Qualify For CMHC Construction Financing? | WATCH THIS!

What Happens When You Can't Qualify for CMHC Construction Financing
Struggling to Get CMHC Construction Financing? Here's Help!
Have you been denied on your CMHC Construction Application? There are alternative options you may have to move forward with your development!
In today's video, top Canadian mortgage experts Josh Findlay & Ehren Laycock from @thefindlayteam are back on the channel for another Finance Friday video talk about what happens when your project cannot qualify for CMHC construction financing and other alternative options are out there for you!
Did you enjoy and get value from this video? Let us know your thoughts and if you got any value from this discussion in the comment section below!
Want to thrive & succeed in the 2024 Canadian Real Estate Market?
Check out these other videos with Josh & Ehren:
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The End Of Multifamily BRRRRs in Canada? | Major CMHC Repositioning Changes Imminent - • The End Of Multifamily...
How To Ensure Your CMHC Application Gets Approved - • How To Ensure Your CMH...
Follow the Findlay Mortgage Team on UA-cam:
/ @thefindlayteam
Broker Lic# 12360
For more information check out Josh & Ehren's Website:
www.findlaymortgage.com/
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More Finance Friday Videos with The Findlay Mortgage Team:
• Real Estate Financing ...
Follow & Connect with Findlay Mortgage Team on Social Media:
Josh - 519-729-9212
Ehren - 226-980-5048
Facebook - / findlaymortgages
Instagram - / fmtmortgages
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Ehren Laycock on Instagram - / laycock22
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0:00 - Introduction
0:34 - What Happens When Your Project Cannot Qualify for CMHC Construction
2:41 - Credit Unions / A Type Lenders
3:32 - Capital Constraints & Borrowers Expectations
4:55 - Mortgage Investment Corporations
7:11 - Why You May Be Struggling to get CMHC Debt
10:02 - 95% Loan To Cost Situation
11:04 - Borrower Covenant Becomes Massive Requirement
12:17 - Building Your CV as a New Developer
13:37 - Setting & Aligning Your Expectations
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#CanadianRealEstate #CMHC #realestate

[@morvengalbraith8061]

Good info, as always! Thanks

[@CanadianRealEstateChannel]

Thank you for tuning in!

[@kennyvansickle1336]

Another great one fellas. Very informative and so important to be realistic about budget ant timeline expectations

[@CanadianRealEstateChannel]

thanks for tuning in!

[@clintcarter]

You guys = 🤘🔥

[@CanadianRealEstateChannel]

Thanks Clint!

[@jimmyla6219]

👍

[@Iliinois18]

35% capital needed on a construction loan!?

[@CanadianRealEstateChannel]

Spicy huh .