3852 Finch Ave E #209, Scarborough, ON M1T 3T9, Canada
Brokerage #13763
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Brokerage #13763
CMHC MLI Select is a points-based mortgage loan insurance program for Ontario multi-unit residential properties with 5 or more units. Score points across affordability, energy efficiency, and accessibility to unlock up to 95% LTV, 50-year amortization, and reduced CMHC premiums. A minimum of 50 points is required to qualify. lendsimpl is the only Ontario broker with a public MLI Select points calculator.
Free to run. Takes about 2 minutes. No obligation.
Takes about 30 seconds · Free · No obligation
Points are earned across three categories. Each has its own maximum allocation, and points from all three are summed to determine your tier.
Units rented at or below a percentage of median market rent. Deeper affordability — e.g. 80% of market rent — earns more points than shallow affordability at 90% of market.
Building meets National Building Code energy tiers — Step 3, Step 4, or Net Zero Ready (Step 5). Higher energy performance earns more points. EnerGuide or equivalent documentation is required.
Units meet Enhanced Accessibility or Universal Design standards as defined by CMHC. Fully accessible or universally designed units earn maximum accessibility points.
Not sure where your project lands?
Tell us about your building — we'll estimate your points.
The benefits available at each MLI Select points tier, as of 2026. Verify current thresholds with CMHC before proceeding — tier structures are subject to program updates.
| Points Scored | Max LTV | Max Amortization | Min DCR | Premium |
|---|---|---|---|---|
| 50 pts (minimum) | Up to 85% | 40 years | 1.20x | Standard MLI premium |
| 75 pts | Up to 90% | 45 years | 1.15x | Reduced premium |
| 100 pts | Up to 95% | 50 years | 1.10x | Maximum reduction |
Source: CMHC MLI Select official program page.
Want to know your tier?
Share your building details — we'll map you to a tier.
Purpose-built rental housing with five or more residential units.
Purpose-built rental townhomes with 5 or more units.
Non-profit and co-operative housing corporations.
Eligible where at least 50% of floor area is residential rental.
Market-rate and affordable housing projects, from the ground up.
Acquisition, refinance, or major renovation of a standing building.
Not sure your property qualifies?
Tell us the unit count and use — we'll confirm eligibility.
CMHC MLI Select, standard CMHC multi-unit insurance, and conventional (non-CMHC) commercial financing for Ontario multi-family properties, compared as of Q2 2026.
| Feature | MLI Select | Std. CMHC | Conventional |
|---|---|---|---|
| Maximum LTV | Up to 95% | Up to 85% | 65–75% |
| Maximum amortization | 50 years | 40 years | 20–25 years |
| Minimum DSCR | 1.10x | 1.20x | 1.20–1.40x |
| Typical rate range | 4.99–6.50% | 5.20–6.80% | 5.90–7.50% |
| Property types | 5+ unit residential | 5+ unit residential | All types |
| CMHC insurance required? | Yes | Yes | No |
| Typical closing time | 6–10 weeks | 6–8 weeks | 4–8 weeks |
| New construction eligible? | Yes | Yes | Yes |
Rate ranges as of Q2 2026. Final rate depends on lender, property financials, LTV, and amortization selected — updated quarterly.
Want the numbers for your property?
Share your project details — we'll tell you what's possible.
Determine what percentage of units will be rented at or below market rent — deeper affordability earns more points.
Rate your building against the National Building Code Energy Tier system. Net Zero Ready earns the maximum.
Check whether units meet Enhanced Accessibility or Universal Design standards as defined by CMHC.
Add all three categories. 50 points qualifies; 70+ unlocks enhanced terms; 100+ unlocks maximum benefits.
Run your numbers through our MLI Select points calculator to see your tier before you apply.
Rather have a broker run it for you?
Send us your project details — we'll do the scoring.
Eligible for all three point categories, with energy and accessibility built into the design from day one. Construction draws are available under CMHC — the trade-off is a longer timeline to completion.
Eligible for acquisition, refinance, or renovation. Affordability points come from the rents you set; energy and accessibility points typically require a retrofit and updated certification.
Which path fits your project?
Tell us what you're working with — we'll map the best route.
Rather just talk it through?
A licensed broker is one call away.
Straight answers on the points system, LTV tiers, amortization, and how to apply — so you know exactly where your project stands before you submit.
FSRA #13763
We structure your application for the best possible score — up to 95% LTV and 50-year amortization.
Calculate My Score →Ready to Apply?
lendsimpl is an FSRA-licensed mortgage brokerage (Brokerage #13763) specializing in CMHC MLI Select financing across Ontario. We compare 50+ commercial lenders to structure your application for the best possible score and terms.
MLI Select scores up to 100 points unlock longer amortizations and higher LTV. We structure your application for the best possible score. Complimentary pre-qualification.