Underwriting for Canadian ground-up development.
Groundwork replaces the fragile Excel pro forma with a structured deal file. Enter a project once and it rolls up the budget, sizes the construction and takeout loans, and compares conventional financing against CMHC MLI Select side by side, with every assumption visible.
Groundwork is licensed software. The preview is read-only and shows a sample deal. Licensing is being finalized; to underwrite your own project, request access and we will set you up directly.
Both financings, side by side
Conventional and MLI Select scenarios run together: premium schedules, point tiers, affordability rent impact, and which constraint binds the loan.
The details done correctly
Semi-annual mortgage compounding, GST self-supply with the NRRP rebate, lesser-of LTC / LTV / DSCR loan sizing, and an interest reserve modelled month by month.
A deal file, not a dashboard
Reads like an underwriting document. Exports a formatted lender package to PDF and a working Excel model with live formulas.
Want to run your own numbers?
Access is licensed per customer. Tell us about your project and we will walk you through the tool and set up your access.
Request access