CMP 20.01 Mortgage Guide

MORTGAGE GUIDE 2025 MPAMAG.COM/CA

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2025: What’s in store for Canadian mortgages?

Canada’s top lending experts discuss what we can expect to see in the 2025 market, and how brokers can position themselves to take advantage of opportunities

THE CANADIAN mortgage lending landscape entered 2025 in a state of transformation. While the Bank of Canada’s ongoing interest rate cuts have provided some relief, affordability remains a major concern for both homebuyers and homeowners. The aggregate price of a Canadian home increased by 3.8 percent year on year to $819,600 in Q4 2024, according to the Royal LePage® House Price Survey – and with further interest rate reductions expected in 2025, demand for mortgage lending is only set to increase.

Another key trend shaping the market is the evolving demand for housing. While demand for single-family homes remains strong, certain segments – particularly the condo market in cities like Toronto and Vancouver – are experiencing a supply imbalance. High borrowing costs and record-high completions have led to more listings than the market can absorb, and 2024 saw condo sales dropping by as much as 25 percent in the GTA. For buyers, this presents a significant

opportunity – and mortgage brokers have the chance to capitalize on the dropping prices.

On the lending side, alternative lending is expected to grow in prominence as borrowers seek more flexible solutions. Lenders are increasingly leveraging technology, including AI-driven underwriting and streamlined digital platforms, to enhance efficiency and improve the borrower experience​. The misconception that private lending is a “last resort” is fading, with more borrowers viewing it as a viable tool for getting a foot on the property ladder.

To gain a deeper understanding of these industry shifts, CMP spoke with two key alternative lenders – Alta West Capital and CMI – to hear their perspectives on market trends, innovation, and the evolving role of private lending in 2025. Armando Diseri, chief sales officer at Alta West Capital, and Kevin Fettig, president at Canadian Mortgages Inc. (CMI) offer their insights.

MEET THE EXPERTS

Armando Diseri Chief sales officer, Alta West Capital

Kevin Fettig President, CMI Financial Group

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What have been the main challenges you’ve noticed in the market throughout the last 12 months, and how have you adapted to these challenges?

Armando Diseri: The Bank of Canada’s recent decision to lower interest rates has provided some relief for homeowners facing mortgage renewals and those dealing with debt, as it eases inflation pressures. However, even with reduced borrowing costs, many Canadians are finding it increasingly difficult to qualify for mortgages through traditional financial institutions. This has led to a rise in consumers seeking alternative lending options, such as MICs and non-traditional lenders, to fill the gap left by banks and credit unions. These alternative solutions are becoming an essential avenue for those who don’t meet the stringent requirements of regulated institutions.

At the same time, Canada’s housing market is grappling with a supply imbalance, particularly in markets like Vancouver and Toronto. While the demand for single-family homes remains high, there is an oversupply of condominiums, especially in British Columbia and Ontario. This glut of condos, resulting from overbuilding and shifting buyer preferences, will take years to digest as the market adjusts. Experts agree that this supply imbalance will require long-term solutions, with potential for continued price fluctuations and market instability, particularly in the condo segment.

Kevin Fettig: Even with interest rates easing, affordability remains a concern for Canadians. The apartment condo market faces pressure, with excess supply and declining sales slowing new construction.

We anticipate Toronto will remain a buyerfriendly market for the next 12 to 18 months.

The key question is how active lenders and investors will be in this environment.

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“Our priority is to provide borrowers with suitable, well-structured solutions with clear exit strategies, ensuring they can manage their mortgage even if their circumstances or market conditions change” Kevin Fettig, CMI Overall, we’ve remained focused on risk-adjusted lending, continuously monitoring the market to ensure our criteria reflect current conditions. Given affordability challenges, we’ve placed greater emphasis on income to ensure we’re making prudent lending decisions. Our priority is to provide borrowers with suitable, well-structured solutions with clear exit strategies, ensuring they can manage their mortgage even if their circumstances or market conditions change.

Have you seen a growing demand for alternative products over the last year?

Armando Diseri: Despite the Bank of Canada’s recent interest rate cuts, many consumers still face significant barriers to qualifying for traditional mortgages due to insufficient income, poor credit, or challenges specific to business owners who cannot fully document their earnings.

These challenges have created a growing

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demand for alternative lending solutions.

At Alta West Capital, a leader in the alternative lending space, we have been at the forefront of developing innovative products to bridge the gap for Canadians struggling to enter homeownership. Our Flexline HELOC (up to 75 percent LTV), 80 percent LTV first and second mortgage products, and Express two-year term products are designed with flexibility in mind, offering mortgage agents and their clients competitive rates and unique features, such as no prepayment penalties in the second year, which sets us apart from traditional lenders.

Kevin Fettig: At CMI, as a national private lender, we’ve certainly seen growing demand over the last year. This is largely driven by the evolving economic landscape, where borrowers are facing affordability challenges and tight lending regulations. Many are turning to alternative mortgage solutions that offer more flexibility.

Demand varies by region, influenced by local economic conditions, housing market dynamics, and specific borrower needs. As we move forward, we anticipate demand will continue to rise as borrowers navigate the complexities of the current uncertain market environment.

What type of market should brokers be preparing for in 2025?

Armando Diseri: In 2025, Canadian mortgage brokers should prepare for a market characterized by continued economic uncertainty, driven by inflation pressures, fluctuating interest rates, and global economic factors. While the Bank of Canada may stabilize rates, brokers should expect ongoing challenges for consumers seeking traditional mortgages due to insufficient income, poor credit, or difficulties in proving self-employed income. As a result,

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economic climate to structure solutions that meet borrowers’ needs as conditions evolve.

In this environment, a proactive approach is crucial. Borrowers are overwhelmed with conflicting information, often leading to hesitation and confusion. Mortgage brokers play a key role in cutting through the noise, offering clear, actionable advice aligned with clients’ financial goals. By staying informed and providing strategic guidance, brokers can help clients make confident, well-informed decisions in an evolving market, reinforcing their role as essential financial partners.

What innovations or tech advancements are making the biggest impact on alternative lending in Canada?

Armando Diseri: The rise of digital plat-

there will be a growing demand for alternative lending solutions, including first and second mortgages with no GDS/TDS requirements, and products like the Flexline HELOCs, as brokers help clients navigate these barriers and find flexible, non-traditional financing options.

With the ever-changing landscape of the real estate market, Canadians will need mortgage brokers more than ever. From managing mortgage renewals to handling unique client situations, brokers will play a critical role. With access to a variety of lenders, it is essential that mortgage agents are well-versed in the offerings of different

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institutions to ensure they can tailor solutions to the diverse needs of their clients.

Staying educated on the range of available options will enable brokers to navigate the complexities of the market and provide the best possible guidance for homeowners and prospective buyers alike.

Kevin Fettig: 2025 will be defined by uncertainty. The potential impact of tariffs, along with the responses from our governments and the Bank of Canada, will create challenges for borrowers, brokers, and lenders alike. Brokers and lenders will need to stay agile, continuously assessing the

forms and automated systems will make it easier for alternative lenders to assess creditworthiness, approve loans, and process applications quickly. Automated underwriting tools, powered by artificial intelligence (AI) and machine learning, allow for faster, more accurate evaluations of non-traditional borrowers, such as self-employed individuals or those with poor credit histories. These platforms enable quicker decision-making, reducing paperwork and improving efficiency for both lenders and clients. At Alta West Capital, we are enhancing our CRM platform to manage the entire life cycle of a mortgage on one unified system. This upgrade will allow the system to track file performance and identify various consumer payment behaviours. As the system learns from this data, it will eventually be able to pre-approve deals, reducing our approval process time from the current four hours.

Kevin Fettig: Tech advancements are enabling lenders like CMI to streamline

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complex processes without disrupting the borrower experience.

At CMI, we’ve built a proprietary technology platform that optimizes every aspect of the mortgage process – from underwriting and servicing to investor management. A major advancement has been integrating technology that enables us to meet anti-money laundering requirements efficiently and effectively without disrupting the underwriting process. Our in-house tech stack allows us to streamline operations, automate workflows, and maintain tight control over risk and compliance, benefiting brokers, borrowers, and investors

by enabling smoother, faster processes and ensuring sound, compliant solutions.

Are there any misconceptions that brokers or borrowers still have about alternative lending, and how can lenders address them?

Armando Diseri: One common belief is that alternative lending is only for high-risk borrowers, such as those with poor credit.

In reality, alternative lenders offer a wide range of products that cater to various financial situations, including self-employed individuals and first-time buyers, not just

those with credit issues. Many alternative lenders also provide flexible solutions for creditworthy clients with non-traditional financial profiles. Educating brokers and borrowers about the diversity of alternative lending options can help dispel this myth and encourage a broader range of borrowers to explore these solutions.

Another misconception is that alternative loans are always more expensive than traditional mortgages. While some alternative lenders may charge higher rates due to increased risk, many offer competitive pricing that is often more affordable than borrowers realize. Transparency about the

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costs associated with alternative lending can help brokers and borrowers make more informed decisions. Additionally, some believe that the application process for alternative loans is complicated and time-consuming.

However, when dealing with companies like Alta West Capital, documentation is minimal, and in most cases income verification is not required. The qualification process is seamless with no unnecessary obstacles.

“In 2025, Canadian mortgage brokers should prepare for a market characterized by continued economic uncertainty, driven by inflation pressures, fluctuating interest rates, and global economic factors”

Kevin Fettig: One common misconception

Armando Diseri, Alta West Capital

is that alternative lenders are a ‘last resort.’

In reality, there are entire borrower profiles that are serviced exclusively through a qualified private lender because institutional lenders are simply too restrictive. Instead of seeing private lending as a fallback, brokers should recognize it as a valuable tool for structuring diverse, flexible and strategic mortgage solutions.

With the lending landscape becoming more complex and competitive, expertise in private lending isn’t just beneficial – it’s essential. Offering private mortgage solutions

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allows brokers to serve a broader range of clients and close deals that don’t fit traditional criteria, giving them a significant competitive advantage.

What is your advice to brokers on how they can work most effectively with alternative lenders?

Armando Diseri: To work effectively with alternative lenders, brokers should prioritize

building strong, collaborative relationships, staying informed about the full range of available products, and understanding the unique needs of their clients.

It is essential for brokers to take the time to learn about the diverse array of solutions alternative lenders offer, such as first and second mortgages up to 80 percent, mixed-use property solutions, HELOCs, and flexible short-term loans. By familiarizing themselves with the terms, conditions,

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and eligibility criteria of these products, brokers can better match clients with the right financing options, ensuring that the process is streamlined and efficient.

Additionally, maintaining open communication with lenders is crucial to staying updated on any product changes, qualification criteria, or pricing adjustments, which can lead to faster approvals and more tailored solutions for clients.

Brokers should also take an active role in educating clients about alternative lending options. Many borrowers may not fully understand how these solutions work or may have misconceptions about their costs or complexity. By explaining the benefits of alternative lending, how it differs

from traditional financing, and developing a clear exit plan for clients to eventually transition to a regulated institution, brokers can manage client expectations and build trust. Providing transparent communication throughout the process ensures that clients are well-informed and confident in their decisions.

Kevin Fettig: Private lending is transitional by nature, meaning every mortgage should have a clear strategy for how the borrower will eventually move to a more permanent traditional solution. For brokers, the key to working effectively with private lenders is understanding two critical elements: the borrower’s story and

the exit strategy. These are essential to our underwriting process.

A strong borrower story provides context beyond just the financials – why they need private financing, what challenges they are facing, steps they are taking to address them, and how this solution fits their long-term goals.

Equally important is the exit strategy.

Private lenders want to see a realistic and well-thought-out plan for how the borrower will either refinance into a traditional mortgage or pay off the loan at the end of the term.

Brokers who can clearly articulate these details upfront will have greater success in getting their deals funded.

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Why CMI is a trusted private mortgage partner in any market Stability, adaptability, and broker-focused lending solutions ensure brokers can confidently serve clients, no matter the conditions WITH THE potential for US tariffs, uncertainty surrounding the Bank of Canada’s interest rate policy, and the lingering effects of the unprecedented global COVID-19 pandemic, the economic landscape can only be described as uncertain and unsettled. In this unpredictable environment, brokers are finding it increasingly difficult to advise clients – but in times of turmoil, it pays to partner with an institution that’s weathered every storm that’s come before and is built to withstand whatever may be on the horizon.

CMI has spent nearly 20 years navigating through changing market cycles, says Taylor Lewis, AVP, originations and strategic partnerships. Remaining fluid and dynamic as opposed to linear and static has allowed the lender to quickly adapt to market shifts, leaving the focus less on trying to predict what’s next and more on providing uninterrupted top-tier service regardless of external conditions.

“Our crystal ball is as foggy as the next person’s, but we focus on what we can control: internal stability. We stay committed to the pillars that drive our success – excellence, integrity, results, and relationships – which keeps us well positioned for any market conditions,” Lewis explains. “We hold ourselves to a very high standard. Simply put, we’re a well-oiled machine.”

Embracing the rise of alternative lending As demand for flexible financing solutions rises in response to the volatility, alternative

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is almost a misnomer; the solutions available in the alternative lending space are as mainstream as it gets. The typical borrower profile is changing, private lending is changing, and access to private mortgage expertise is more essential than ever.

CMI is witnessing this growing demographic in real time, seeing borrowers with higher incomes, better credit scores, and

continue to grow,” Lewis says, adding that, ultimately, private lending is simply finding a solution for the borrower to get them in a better position to graduate toward a prime lender. “It shouldn’t be something that brokers are hesitant to present to their clients or something that borrowers feel apprehensive about.”

To grow their book of business, mortgage

“Our crystal ball is as foggy as the next person’s, but we focus on what we can control: internal stability. We stay committed to the pillars that drive our success – excellence, integrity, results, and relationships – which keeps us well positioned for any market conditions” Taylor Lewis, CMI more strategic exit plans. Overall, perceptions around private lending are shifting – from a last resort to a prudent and viable option when conducted with integrity and ethical practices.

“We’re leading that charge to change any negative perception, and I’m optimistic that the number of borrowers open to exploring private lending, and the comfort level of brokers presenting it as a solution, will

brokers need to be well-versed in private mortgage options so they can take advantage of this shift and provide borrowers the advice and solutions they need.

Lewis emphasizes that CMI is heavily invested in educating its broker relationship managers (BRMs), with the philosophy that when brokers have access to a knowledgeable and supportive team, they are better equipped to navigate challenges to

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meet their clients’ needs. Lewis likens it to navigating a neighbourhood – you need a deep understanding of your surroundings to adapt when obstacles arise. How can you deviate from the Google Maps route when a main road is blocked? You must be able to recalibrate, find an alternative route, and still reach your destination.

“If someone is not well educated or lacks the proper resources, they can’t effectively support brokers with the complicated deals that require creative solutions,” Lewis says.

“That’s why our BRMs and investment management team members from across the country are attending an upcoming conference – to strengthen their sales acumen and give them tools to properly support their broker partners. This ensures brokers can continuously trust CMI to guide them.”

This highlights another of CMI’s core values: transparency. The lender is upfront about its strategic approach to market changes, with the investment management team and BRMs ensuring that all stakeholders stay informed.

Keeping investors confident in Canadian mortgage investments strengthens brokers’ trust in bringing deals to CMI. Brokers know from CMI’s track record that they’re well equipped to find a solution to each unique situation.

“Change is constant, and staying ahead has always driven our success – let it drive yours too. We’re here to support brokers, strengthen the industry, and lead the charge into the new era of private lending” Taylor Lewis, CMI

CMI stands steadfast as a market leader With a collaborative underwriting model, a common-sense approach, and an unwavering commitment to broker education, CMI remains steadfast in its place as a top private mortgage lender because “we stick to what we know,” Lewis says. Asked to boil that down, he explains that CMI sees itself as “a partner in all aspects.”

“We’re far from transactional – each deal is more than a singular transaction; it’s part of a relationship. Trust is the foundation of any relationship, so forget the transactions. They’ll always be there, and each one will vary slightly, but you need a strong relationship to make any of it work. That’s really what we focus on.”

While CMI has never deviated from

its core values, it recognizes that the same strategy that wins a battle can’t win the entire war. As the market evolves, as the world evolves, so too does CMI – and so must its broker partners.

Now is the time to incorporate private lending into broker toolkits to capture the growing demographic emerging from the

market shift. Don’t leave clients searching elsewhere for a broker who simply has more options for them, Lewis urges.

“Change is constant, and staying ahead has always driven our success – let it drive yours too. We’re here to support brokers, strengthen the industry, and lead the charge into the new era of private lending.”

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ALTA WEST CAPITAL awcapital.ca 888-554-9075

Minimum Beacon: None Terms: One-year or two-year terms Rate type: As low as 6.99%

Lending markets: Alberta, British Columbia, Ontario Maximum amortization: Interest-only or up to 35 years Niche/focus: Providing alternative capital funding using an equity-based lending approach on all refinances/purchases of residential properties

Fees: Commitment fees starting at 2.99% Finder’s fee: 1%

Products: First and second mortgages (Up to 80% LTV), HELOC (75% LTV) Customer types: Business for self, new to Canada, bruised or damaged credit, etc.

Income sources: Articles of incorporation, pay stubs (only at 80% LTV), stated income letter Property types: All residential homes Purposes: Purchase, refinance, bridge financing Maximum LTV: 80%

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Minimum loan amount: $50,000 Maximum loan amount: First mortgage up to $2 million.

A second mortgage up to $500,000; on over $300,000 there is a 50bps premium on lender fee, and the maximum LTV is 75% Special features: Broker Loyalty Program (BLP) – earn up to 15bps on every deal you fund in a quarter. We have added a new charity enhancement to our BLP. For every deal funded, Alta West Capital will donate $100 to a charitable cause. All brokers who fund their first deal with Alta West Capital will be eligible for the BLP, and their first deal will be counted toward our contribution of charitable payout.

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CANADIAN MORTGAGES INC. brokers.thecmigroup.ca 888-465-8584 Lending markets: Ontario, Quebec, British Columbia, Alberta, and Atlantic Canada Niche/focus: Customized private mortgage financing delivered exclusively through the mortgage broker channel.

Offering flexible, innovative solutions tailored to your clients’ needs. CMI takes a common-sense approach to mortgage lending.

First and second mortgages up to 80% LTV with competitive rates. Known for transparent lending practices, collaborative partnership, and exceptionally fast service Minimum Beacon: None Products: First and second mortgages, short-term and bridge loans, equity mortgages, and bundle mortgages Customer types: A-, B-, and C-level credit. No minimum Beacon score

Servicing ratios: No maximum Terms: 3, 6, 9, and 12 months. Custom terms are available Rate type: Fixed

Income sources: All income types considered: salary, commission, business for self, freelance, retired and equity.

Property types: All residential properties, including one- to four-unit owner-occupied, rentals, condos, and cottages.

No restrictions on location. Remote and rural properties considered on a case-by-case basis Purposes: Financing available for purchases, business working capital, debt consolidation, bridge loans, investment purposes, emergency purposes, tax or mortgage arrears, income relief, home renovations, and more.

Maximum LTV: Up to 80% on first and second mortgages in major urban and suburban markets; up to 75% in smaller towns or rural locations. Blanket mortgages are considered on a case-by-case basis.

Maximum amortization: Up to 40 years or interest only Fees: 2–3.5% on first mortgages, 3–6% on second mortgages.

Fees dependent on location, income, credit, and security.

Minimum loan amount: $50,000 on first or second mortgages Maximum loan amount: Up to $1.5 million in urban markets Special features: No hidden application fees; early repayment penalties of no more than three months; prepaid (for all or part of term) available; open mortgages and custom term lengths available. Eligible second mortgage positioning behind CHIP/ reverse mortgage and collateral-charge mortgages, high-ratio mortgage bundles, and short-term/bridge loans available

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EQUITABLE BANK www.equitablebank.ca 1-866-407-0004 Lending markets: Alternative lending: national Reverse mortgage: Ontario, British Columbia, Alberta, Quebec Niche/focus: Alternative lending: Offer mortgages and HELOCs catered to clients that are self-employed, new to Canada, or rebuilding their credit. Reverse mortgage: Offer reverse mortgages for clients 55+ to help them access tax-free equity in their home Products: Alternative lending: First mortgages, HELOCs, laneway/secondary suite construction mortgages. Reverse mortgage: Reverse mortgages in first position for clients aged 55 and up Customer types: Alternative lending: Self-employed clients, new to Canada, and those looking for investment properties.

Reverse mortgage: designed for clients 55 years and older that are looking to access equity to help with retirement, debt relief, or early inheritance to family members

Rate type: Fixed, ARM, fully open

Income sources: Alternative lending: Self-employed (via bank statements or business financials), salaried, commission.

Reverse mortgage: pensioners, self-employed (via bank statements or business financials), salaried, commission

Maximum amortization: 30 years

Property types: Detached, semi-detached, townhouses, condos

Minimum loan amount: Alternative lending: $75,000 Reverse mortgage: $250,000 min. property value

Purposes: Purchases and refinances for both owner-occupied and investment properties

Maximum loan amount: No maximum

Maximum LTV: Alternative lending: 80% Reverse mortgage: 59% (depending on client’s age) Minimum Beacon: 500

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Terms: 1–5 years

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Fees: Alternative lending: 1% (no fee options also available) Reverse mortgage: $995 set-up fee

Special features: Adjustable-rate mortgage terms with interest-only penalties. Will consider appraised value on new-construction purchases (not to exceed 100% of original purchase price). Laneway/secondary construction mortgages available in the GTA, GVA, and Calgary

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HOMEEQUITY BANK chipadvisor.ca 1-866-925-2447

Purposes: Canadians aged 55+ can access up to 55% of the value of their home in tax-free cash to retire in the home they love Maximum LTV: 55%

Lending market: Canada

Minimum Beacon: No minimum

Niche/focus: Reverse mortgages

Terms: 6 months; 1, 3, or 5 years

Products: CHIP Reverse Mortgage, Income Advantage, CHIP Max, CHIP Open

Rate type: Fixed and variable Maximum amortization: Not applicable

Customer types: Canadian homeowners aged 55+ Fee: Closing fee Income sources: Borrower must provide a valid and adequate home insurance and property tax statement (current year or deferred property tax statement) Property types: Single-family dwelling, detached duplex, triplex, quadruplex, link home, semi-detached, townhouse/ row house; condo – townhouse/stacked townhouse; condo – apartment style

Minimum loan amount: CHIP Reverse Mortgage $25,000; Income Advantage $20,000 Maximum loan amount: Not applicable Special features: No monthly mortgage payments required

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KEYSTONE MORTGAGE INVESTMENT CORPORATION www.keycap.ca 902-818-5262

Purpose: We source short-term mortgage financing opportunities through licensed mortgage brokers, secured to residential and multi-unit properties across Atlantic Canada.

Maximum LTV: 75%

Lending market: Atlantic Canada – Nova Scotia, New Brunswick, Prince Edward Island, Newfoundland

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Minimum Beacon: No minimum

Niche/focus: Personalized loans for unique, short-term financing needs, including solutions for real estate investors – flips, renos, multi-units, rental portfolios

Terms: 6- or 12-month OPEN terms

Products: First and second mortgages, bridge loans, blanket mortgages, ETO, renovations, new home construction, tax arrears, quick close, relocation loans

Maximum amortization: Interest only

Customer type: All considered including thin or limited credit

Minimum loan amount: $50,000

Income sources: BFS, salary, commission, retired, other non-traditional income. Low doc requirements

Maximum loan amount: $1,250,000 (larger loans on exception)

Property types: Residential, small multi-unit, detached, townhouse, semis, condos, cottages. No geographic restrictions. Rural properties considered with strong exit.

Special features: Blanket mortgages, cross-provincial mortgages (including Ontario), fee reductions for bridge loans

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Rate types: Fixed

Fee: 3%+

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ROI GROUP www.roigroup.ca 905-806-2292

Purpose: Acquisition, refinance Maximum LTV: 65% Minimum Beacon: Not applicable

Lending market: Ontario – emphasis on southwestern Ontario & Niagara region Niche/focus: Direct non-institutional commercial mortgage opportunities; investor- and portfolio-friendly

Terms: 12–24 Months Rate types: 11%–12% Maximum amortization: Interest-only

Products: First mortgages, bridge loans, construction loans, development & servicing loans, renovation financing, portfolio blanketing loans, equity take-out mortgages

Fee: 2% Minimum loan amount: $1,000,000

Customer type: Real estate investors, builders, developers, business owners. All incomes sources and credit scores considered.

Property types: Development & raw land, construction sites (in-fill, low-rise, mid-rise), industrial, multi-family, mixed-use, retail plazas, office, hospitality

Maximum loan amount: $30,000,000 Special features: Now offering a Trailer Fee program for new and existing mortgage brokers/agents. Conditions apply.

Connect with us to learn more.

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MORTGAGE GUIDE

VWR CAPITAL CORP. vwrcapital.com 866-907-5407 Lending markets: British Columbia, Alberta, Saskatchewan, Manitoba, Ontario Niche/focus: Equity, residential, urban, mortgage lender, direct to licensed mortgage brokers/agents; transparent LOW lending fee structure with simple, easy-to-understand products Products: Equity-based first and second mortgages, open or closed at the same rates Customer types: Individuals, self-employed, holding companies, salaried or commissioned employees with any level of credit considered Income sources: Stated income with no debt-servicing requirements. Notice of assessment for self-employed borrowers required to confirm tax balance Property types: Urban single-family, townhomes, condos, row homes, serviced land, raw land, multi-family, lease land (BC), and inter-alia/blanket mortgage specialists Purposes: Purchases: owner-occupied or rental at same pricing. Refinance including equity take-out for investment purpose, business capital, debt consolidation, arrears, foreclosure/power-of-sale rescue. Serviced or raw land purchase or refinance available on residential urban city lots.

Rate type: Fixed Maximum amortization: Up to 35 years. Interest-only available for LTV under 65% Fees: First and second mortgages with the same fee structure.

1% for an open term. Fixed fees started at only $750 for a closed term. Renewal fee is only $200!

Minimum loan amount: $50,000 Maximum loan amount: $2.5 million

Maximum LTV: Up to 75% in urban markets. Contact your BDM with an address for other areas and help with deal structuring.

Minimum Beacon: None Terms: 1-year open or closed at the same rate

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Special features: 30+ years of history and experience in the private lending market. Business development managers are empowered to make decisions and have the knowledge to help you with any deal structure. Rate buy-downs and interest reserves options are available. You set your own broker fee; you earned it!

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In a shifting market, having the right lending partner makes all the difference. At CMI, we stand with mortgage brokers—providing fast, flexible, financing no matter what the market brings.

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MORTGAGE BUNDLE

9 Fast, Flexible Solutions – Custom mortgage options designed to meet evolving borrower needs.

9 Nationwide Lending – From urban centers to smaller communities, we fund mortgages across Canada.

9 Solutions-Focused Mindset—If there’s a way to make a deal work, we’ll help you to find it.

9 Common-Sense Approach – We assess every

deal on its own merits, with no rigid stress tests or minimum Beacon scores.

9 Expert Support – Partner with a dedicated

relationship manager (BRM) for personalized service and expert guidance.

9 Exclusive Broker Focus – We lend only through brokers. Your clients stay your clients.

Common sense pricing Prepaid options Customizable terms

Ready to discuss a deal? Connect with your dedicated Brokerage Relationship Manager today.

New to CMI? Let’s chat about how we can help you expand your toolkit and better serve your clients.

CMI – Your Partner in Any Market