An Exclusive Benefit for
our CMLS Family

Introducing the Staff, Friends and Family Mortgage Program (SFF)

You spoke, and we listened. Effective immediately, we’re launching a highly-competitive mortgage solution to benefit CMLS staff as well as friends and family of our employees.

The Staff, Friends and Family Mortgage Program (SFF) offers below market interest rates – resulting in significant interest savings.

Program Availability

Available for new business, purchase or transfers only.
Available for renewal or early renewal of existing Staff Mortgages.

The SFF Mortgage Program is available for Prime Residential business only, and subject to CMLS Underwriting Guidelines*.

Rate Reductions

Rate reductions available between 15 bps to 25 bps, subject to Investor/Product availability. Currently available on 5-year Fixed Rate and 5-year ARM mortgages. Example: An employee selects a CMLS 5-Year Fixed Rate mortgage available at 4.00%, using an available 25 bps reduction, creating an interest rate of 3.75%.
As a CMLS employee, you’re eligible for a $50 Employee Referral Gift Card for staff-generated loans payable upon funding.
For more information on the Staff, Friends and Family Mortgage Program (SFF), please contact louis.indelicato@cmls.ca or helen.tymbos@cmls.ca.

Your Privacy is Paramount

Feedback from our recent survey indicated that privacy is a priority to our employees. We are striving to launch enhanced security features to address the need for limited access to staff loans.
Since launching this program is very important to our team, we decided to provide this benefit prior to these enhancements. At this time, CMLS does not warrant any specific security or access features. For friends and family mortgages, their information will be treated with the same high standard of privacy that we extend to all CMLS customers. As a result, we will not be able to share any details on the loan submission, decline reasons, payment history or other details with the referring employee. We ask that the referring employee to not approach the Underwriter, Funder or Servicing Team with questions regarding the status of the referred loans. The friend or family member should reach out directly to the CMLS Retention Specialist working on the file for any updates. To qualify for the program, all new business must be submitted through CMLS Residential Retention and is unavailable on broker originated business.

Friends and Family Mortgages will be handled by the existing Retention team.
Staff Mortgages through Retention Management.
Staff loans will be handled by the respective management teams for Underwriting, Funding and Servicing.
Finance and investor reporting, as well as other staff, may have access to the loan details. Until we get the privacy enhancements noted above into the system, we have a work-around to help keep your income confidential.

*Only Available for Properties in BC, AB, SK, MN and ON