Who is this for?
If you own a multi-unit residential rental property or a commercial or industrial property, or are planning to build one, we offer financing tailored to your needs.
Types of real estate financing
Whether you’re a real estate developer or looking for an investment property, our team can guide you through the financing process. We’ll help you choose the best options for your business.
Residential and semi-commercial rental property financing
- Conventional long-term financing
- Insured long-term financing with the Canadian Mortgage and Housing Corporation (CMHC)
- Construction financing
Commercial rental property financing
For retail, industrial or office buildings and seniors' residences.
- Conventional long-term financing
- Construction financing
Construction and resale financing
- Financing for condominium construction
- Financing for operative builders
- Financing for land acquisition or subdivision
Good to know
You can use direct withdrawal to automatically collect rent from your tenants.
Insurance for your real estate business
As a property owner, you want to be prepared for the unexpected. From damage caused by tenants to incidents like fires, water leaks and vandalism, we can help you protect your business.
Do you have multiple properties in different locations? You could get a discount if you insure them under the same policy.
FAQ
How do I finance a rental property?
Other than using your own funds, mortgage financing is the main way to acquire a rental property. Other forms of financing, like loans or lines of credit can also facilitate your purchase. For example, they can help you pay for renovations or equipment for your new property.
How long does it take to find real estate financing?
It could take a few weeks to several months to get financing for a commercial real estate project. It depends on several factors, including the scope of your project, the complexity of your file and any stakeholders that are involved (such as the city, architects or CMHC).
What is a real estate financing plan?
A financing plan outlines what funds you already have and what financing you need for your real estate purchase.
Contact your advisor to develop a plan that works for your business.
What is the interest rate on an investment property mortgage?
Mortgage rates for rental properties vary based on many factors, including what type of collateral you're using and whether you have mortgage insurance.
Contact your advisor to learn more about how rates are calculated.
Get these solutions for your business
Contact your account manager for personalized assistance.
If you don't have an account manager, contact our team.
Or we can call you when it's convenient.