We wish you and your loved ones a joyful holiday season and a prosperous New Year ahead. Thank you for being an integral part of CMI’s journey. We look forward to continuing our successful partnership in 2025 and beyond. Here’s to a bright year ahead! Read more: https://ow.ly/KQy150Uu76E
CMI Canadian Mortgages Inc
Financial Services
Mississauga, Ontario 11,196 followers
Leading the private mortgage lending space through superior service, flexibility, and fast turnarounds.
About us
As a leader in the private lending market since 2005, Canadian Mortgages Inc. (CMI) has established an industry reputation for transparency, professionalism and always treating our customers and broker partners with the utmost care and respect. FSRA Brokerage #10601 | FSRA Administrator #11938 Fuelled by innovation, we strive to provide both consumers and mortgage brokers with access to non-bank private mortgage funds. Having successfully funded over $500 million in private mortgages across Canada, we are proud to be one of the country’s fastest-growing alternative lending firms. We pride ourselves on finding a suitable mortgage solution for every borrower. If they don’t qualify for traditional bank financing due to credit issues or non-traditional sources of income, we’ll find a solution that’s tailored to their unique circumstances. • We look beyond credit scores. We understand that a credit score is just a number and doesn’t tell the whole story. Instead, we focus on the borrower as an individual and their ability to carry their mortgage obligations. • Our straightforward, practical and to the point lending guidelines don’t make you or your borrowers jump through hoops. Instead, we only ask you to provide the information necessary to make an informed lending decision. • Same day approvals and 1 hour response times provide a superior level of service for our valued broker partners. Our mission is to reshape and grow the private lending market by delivering innovative products and exceptional service.
- Website
-
https://brokers.thecmigroup.ca/
External link for CMI Canadian Mortgages Inc
- Industry
- Financial Services
- Company size
- 51-200 employees
- Headquarters
- Mississauga, Ontario
- Type
- Privately Held
- Founded
- 2005
- Specialties
- first mortgages, second mortgages, mortgage lending, private mortgages, mortgage renewals, self employed mortgages, mortgage servicing, paperless mortgages, and mortgage broker relationships
Locations
-
Primary
Get directions
2425 Matheson Boulevard East
8th Floor
Mississauga, Ontario L4W, CA
Employees at CMI Canadian Mortgages Inc
Updates
-
While it’s important to take some time to unplug and recharge during these quieter months, this slowdown period in the mortgage market doesn’t have to mean a drop in productivity. For home buyers who have been sitting on the sidelines, this winter could offer a unique opportunity to enter the market, as the Bank of Canada continues to make cuts to the benchmark interest rate. Read More: https://lnkd.in/gF_iyGKf
-
-
Condo units under construction are at an all-time high, yet, pre-sales in Toronto are running at a 27-year low. After years of steady price increases, investors are beginning to question whether this is a viable near-term market. Read more: https://lnkd.in/e9RJu-QH
-
-
November’s jobs report shows rising unemployment despite strong job growth, raising expectations of a 50 basis point rate cut by the Bank of Canada. Will concerns about market perception temper the Bank’s response? Get our take in this week’s Market Monitor: https://lnkd.in/gdcF5M-k
-
-
Tax policies like vacant home and flipping taxes are often seen as solutions to Canada’s housing affordability crisis, but do they really address the root cause? Read our latest Housing Affordability Watch to dispel the illusion of tax policy solutions: https://lnkd.in/gwUJZrMr
-
-
*REMINDER: Important Holiday Hours Update* CMI will remain open throughout the holiday season, closing only on Christmas Day, Boxing Day, and New Year’s Day to observe these important occasions. Outside of these dates, it will be business as usual across all our operations. We’re here to ensure you have the resources and support you need, when you need them. Whether it’s structuring deals, addressing questions, ensuring smooth closings, or assisting with urgent matters, our team will be ready to help. Thank you for trusting us to support your success. We’re proud to continue serving you with the commitment and dedication you’ve come to expect. Wishing you a joyous holiday season and a strong finish to the year!
-
-
The Bank of Canada’s December 11 meeting has the market buzzing—will the Bank cut rates by 25 or 50 basis points? With a cautious Fed, an upside inflation miss, and GDP revisions showing stronger historical growth, a 25-basis-point cut seems more likely. But what does this mean for fixed mortgage rates? Read the full commentary in this week’s Market Monitor: https://lnkd.in/gtbNrC3n
-
-
How did banks and trusts rise as dominant mortgage lenders? Why did the five-year mortgage become the gold standard? And what role does innovation play in keeping the mortgage system resilient? Explore the answers in the second and final installment of our series on the evolution of Canada’s mortgage market. Read more in the latest Housing Affordability Watch: https://lnkd.in/gUHEM-9B
-
-
Canada’s housing starts are improving slightly, but the pace remains far below what’s needed to meet affordability goals. Challenges like rising costs, labor shortages, and government fees continue to weigh on the industry. Condominium construction in Toronto and Vancouver faces additional headwinds from excess inventory. Read the full commentary in this week’s Market Monitor: https://lnkd.in/ggxSjyj5
-
-
Fiscal Junk Policy Former TD Bank chief economist and senior finance official, Don Drummond, and CD Howe Institute President William Robson piece on the federal government’s recent fiscal package which they argue is fiscal junk policy. https://lnkd.in/gMsyrMgA