# What are the loan and property value limits for CMHC-insured mortgages?

> The maximum insurable property value is $1,500,000 regardless of LTV. For small rental properties, the max insurable loan is $1,000,000 with max 80% LTV.

Category: Purchasing
Last verified: 2026-04-14
Source: https://ratellow.com/faqs/purchasing/what-are-the-loan-and-property-value-limits-for-cmhc-insured-mortgages

## Answer
The maximum insurable property value is $1,500,000 regardless of LTV. For small rental properties, the max insurable loan is $1,000,000 with max 80% LTV. This ensures responsible lending and promotes sustainable homeownership by setting upper limits on property values.

## Institutional highlights
- For small rental properties, the max insurable value is $1,000,000 with max 80% LTV.
- CMHC programs can help you buy a home you can afford, especially if you're a first-time buyer or new to Canada.
- Your property must be in Canada, livable year-round, and accessible in all seasons.
- Lenders look at location, market trends, and other factors to make sure your home's value is accurate when figuring out your loan-to-value ratio.

## Related guide
- https://ratellow.com/guides/insured-mortgage-advantage

## Sources
- Page 2 — https://assets.cmhc-schl.gc.ca/sf/project/cmhc/pdfs/factsheets/new/cmhc-quick-reference.pdf#page=2
- Mortgage insurance — https://www.osfi-bsif.gc.ca/en/guidance/guidance-library/residential-mortgage-underwriting-practices-procedures-guideline-2017#2.5.1
- Page 3 — https://assets.cmhc-schl.gc.ca/sf/project/cmhc/pdfs/factsheets/new/cmhc-quick-reference.pdf#page=3
- Footnotes — https://www.osfi-bsif.gc.ca/en/guidance/guidance-library/capital-adequacy-requirements-car-guideline-2026