CMHC MLI Select: what we need from you

Your MLI Select mortgage with First National entitles you to valuable incentives but also requires you to comply with the terms and conditions of CMHC’s Social Outcome Covenant and Affordability Criteria set out in your commitment letter and CMHC Certificate of Insurance.

To keep your MLI Select mortgage(s) in good standing, please download, complete and return the forms below to CommercialAssetManagement@firstnational.ca.

CMHC MLI Select Affordability

Please download, complete and return the forms specified in your commitment letter to CommercialAssetManagement@firstnational.ca. On-time filings of your annual attestations are necessary to maintain your mortgage(s) in good standing.

Should you have any questions, your Commercial Servicing team is always here to help by email or phone 1.877.593.5474.

. These forms can be filled out virtually.

MLI Select Affordability Certificate of Compliance

Due September 30th every year

To complete your certification, please insert the legal name under which you hold your MLI Select loan, the address of the property on which the mortgage is placed and then complete and date the remainder of the form. If you have more than one MLI Select mortgage, please fill in one form for each loan.

Affordability Form

To complete this form, please list the name of each tenant, their suite number, the style of suite (bachelor, one-bedroom etc.) each tenant’s renewal date and monthly rent paid. Only units deemed affordable should be on your list. You will also need to insert the address of the subject property, (one form per property), your First National loan number, and attest to the accuracy of the form by affixing your signature.

*All forms should be returned to our Commercial Asset Management team email: CommercialAssetManagement@firstnational.ca.

Please be sure to complete the other compliance forms that are applicable to your commitment letter within the prescribed deadlines. Should you have any questions, your Commercial Asset Management team is always here to help by email or phone 1.877.593.5474.