Renewing your mortgage is an important part of overall household financial planning. With that in mind, CMLS has a dedicated team of licensed mortgage specialists at the ready to help you navigate through the various renewal options including interest rates, terms, prepayment privileges and fixed vs. variable rate etc.
One of the best times to reassess your overall financial needs is when your mortgage comes up for renewal.
If your financial situation has changed, please talk to one of our mortgage specialists to see if you qualify for one of our prime mortgage products.
Your Specialist is only a phone call or e-mail away, Call 1 888-995-2657 Option 3 or email resiretention@cmls.ca .
If you don’t take action, the renewal of your mortgage term may be automatic. If your mortgage plan is set to auto-renew, it will say so in the renewal statement.
Your Specialist is only a phone call or e-mail away, Call 1 888-995-2657 Option 3 or email resiretention@cmls.ca .
An early renewal is a mid-term change to your mortgage contract before the designated renewal or maturity date. There are times where it makes financial sense to change your mortgage such as to take advantage of lower interest rates, to reduce monthly payments, or to access cash for a particular need.
Your Specialist is only a phone call or e-mail away, Call 1 888-995-2657 Option 4 or email resiretention@cmls.ca .
Refinancing your mortgage involves taking out a new loan to pay off your original mortgage loan. In many cases, homeowners refinance to take advantage of lower market interest rates, cash out a portion of their equity, or to reduce their monthly payment with a longer repayment term.
Your Specialist is only a phone call or e-mail away, Call 1 888-995-2657 Option 4 or email resiretention@cmls.ca .
Porting your CMLS mortgage means taking your existing mortgage—along with its current rate and terms—from your current home to your new home. You can port your mortgage if you’re purchasing a new property at the same time you’re selling your existing one.
Your Specialist is only a phone call or e-mail away, Call 1 888-995-2657 Option 4 or email resiretention@cmls.ca .
CMLS has several products to fit your lifestyle and specific needs. Please contact one of our Mortgage Specialists to understand your options.
Fixed Rate Mortgage
Our Specialists are only a phone call or e-mail away, Call 1 888-995-2657 Option 3 or email resiretention@cmls.ca .
Director, Residential Renewal & Internal Sales
Edward is responsible for managing the Residential Renewals and Retention team by motivating, coaching and providing developmental opportunities to ensure employees are capable of performing at or above the necessary professional standards. Mr. Mosahib has over 20 years of experience in mortgage servicing, origination and capital markets compliance, including CMB settlement process and managing investors’ portfolio.
Having held several progressive positions with leading organizations within the industry, and demonstrating a proven track record, Mr. Mosahib can effectively support the growth of our business through training, coaching and improved efficiencies in all functional areas within the Renewal and Retention department.
Manager, Residential Renewal & Internal Sales
Michelle is responsible for the day-to-day operations within the Internal Sales team, providing support to team members through coaching and leadership. In addition, is as a Subject Matter Expert for system changes and enhancement. She has several years’ experience within the Residential Mortgage Industry, with extensive knowledge in customer service and sales, and a proven track record of process improvement, training and quality assurance.
Prior to joining CMLS, Michelle worked in many customers service and sales driven roles and held many positions that allowed her to have a real understanding of the organizational structure and internal processes which will help to effectively support the growth of our business through training, coaching and improved efficiencies in all functional areas within the Retention team
