A 79% loan to cost CMHC insured construction loan under the MLI Select program for the development of a 6-storey mixed-use rental apartment building in New Westminster, BC. The 32-month construction interest rate was set at Prime less 0.5%.
A 79% loan to cost CMHC insured construction loan under the MLI Select program for the development of a 6-storey mixed-use rental apartment building in New Westminster, BC. The 32-month construction interest rate was set at Prime less 0.5%.