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Following an update to the CMHC Ready Set Home consumer mobile app, CMHC has introduced a series of new and enhanced online tools for mortgage industry associates to access and share CMHC information. If you’re a mortgage broker and haven’t checked out CMHC’s offerings you’ve been missing out on some great mobile tools and information you can pass along to clients.

CMHC has updated both their online and mobile offerings for mortgage brokers to include the following:

  • Improved look, layout and functionality for EverythingYouNeed.ca – the one stop shop to access relevant CMHC information and tools.
  • A new Debt Service Calculator to calculate a borrower’s GDS and TDS ratios.
  • Enhanced sharing capabilities for the CMHC Mobile KIT app, allowing users to forward calculator results and to use the mobile device’s contact list for sharing content.
  • A new Ready Set Home mobile app designed for consumers which can be leveraged by mortgage professionals with borrowers. Check out a video review of this app here.
  • Reorganization of CMHC information according to the “Homeownership Cycle” to allow mortgage professionals to quickly identify what resources are available and when to share them with borrowers.
  • Addition of generic articles (not co-logoed) to The RESOURCE to allow use without the need to register and login. Mortgage Professionals will continue to have the option to login to personalize articles with their logo, photo and contact information.