CMLS | Canada's Mortgage Company

Continuing our customer forward vision and promise to continuously innovate, CMLS is pleased to introduce our new Preferred Customer Program, which rewards both our customers and broker partners for submitting well qualified applicants to CMLS.

The Preferred Customer Program leverages your clients’ strong credit and income profiles to obtain market leading interest rate offerings, while providing you with enhanced commission for placing these clients with CMLS. In addition, all applications submitted under this program are eligible for participation in our Broker Partnership Program and our newly enhanced Renewal Compensation Model.

Preferred Client Program Rates ›

Enhanced Underwriting Requirements.

Higher Beacon Scores

High Ratio minimum – 660 for all applicants
Insurable minimum – 720 for 1 applicant, minimum 660 for other applicants

Lower Debt Servicing Maximums

Maximum GDS 39%
Maximum TDS 42%

LOC Payment for Qualification based on “LOC Limits”

Secured PLC calculated at BOC rate repaid over 25 years
Unsecured PLC calculated at 3%

Owner Occupied Properties Only
Verified Income Only
No Specialty Underwriting Programs (flex down, new to Canada)
No Usage of Rental Income

Full Guidelines ›

For full product details and to discuss specific file scenarios, please reach out to your regional manager.

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Thank you for your interest. We look forward to getting in touch.