As a mortgage broker in Canada we have access to numerous Bank, Credit Union and Non-Bank mortgage lenders. One such non-bank lender that I have been recommending to clients recently is CMLS Financial.
Who is CMLS Financial? [Video]
CMLS is a Canadian mortgage company that has been in operation in Canada for over 35 years. As one of the largest independently owned mortgage companies in Canada CMLS has over $6 billion in mortgages under administration.
CMLS has aligned themselves with a select network of Canada’s most knowledgeable mortgage brokers and I’m proud to be one of their trusted partners.
What Types of Mortgages Does CMLS Offer?
CMLS Financial has a full product offering when it comes to mortgages. So whether you’re buying a new home or a second home, renewing or refinancing, they have a mortgage solution available to achieve your goals.
They offer both Fixed and Variable Rate mortgage terms ranging from 1-10 years with excellent pre-payment privileges. More on that below!
What are the CMLS Mortgage Pre-Payment Privileges?
With CMLS, you can take control of your mortgage and make it work for you with some of the most flexible payment terms, competitive rates and prepayment privileges available to Canadians.
A mortgage from CMLS lets you prepay up to 20% of the original principal balance each year based on the anniversary of the loan (minimum payment is $100). You can also increase payments by up to 20% of the original registered amount each anniversary year.
Ready to get a mortgage from CMLS?
The first step is to apply. Completing an initial mortgage application will only take you a minute. And once we receive your information one of our mortgage consultants will contact you right away.Apply Now
If you prefer to speak with us directly simply call, 778-668-9320 and we will be happy assist you. As always your application and information is secure.