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Financing Resources

Financing Resources


Section 61 co-op mortgages: CMHC Prepayment Flexibility

Planning for our Future: Change is Coming! – April 28, 2018

Refinancing: What is Your Lender Thinking? – April 28, 2018

Webinar Recording Section 61 co-op mortgages: CMHC Prepayment Flexibility (50 minutes)

CMHC is accepting applications for mortgage prepayment flexibility for co-ops with Section 61 program operating agreements. The final deadline is September 30, 2018. On July 9, 2018, CHF Canada held a webinar to explain this opportunity to interested Section 61 co-ops. We also discussed how CHF Canada Asset Management Services can help you identify and plan needed renovations and improvements and how CHF Canada’s refinancing program can assist your co-op obtain new financing needed to do the work. Share with your Board.

Webinar Recording Refinancing Program (50 minutes)

On November 7, 2017, CHF Canada held a webinar on the Refinancing Program that was created for co-ops across Canada (outside BC and Quebec). Refinancing can help your co-op repair and renovate while also planning for a sound future. For Section 95 co-ops who’ve burned their mortgage or soon will be – this webinar is a good place to start planning!  Share with your Board.