Lender Information

Submission Agent

Each Agent must be approved in order to submit contact Ut for sign up

Submit Direct With Velocity


Portal Login


Portal Website

How to Send Documents

send docs when you have deal #(must be in subject)
- email sent with details shortly after submission.
Email docs to mortgagedocuments@cmls.ca and cc underwriter

Rate Holds

Rate holds will dependant on promo options and availability, please review rate sheets founds on
www.cmls.ca/brokers or contact Ut directly


CMLS Advantage
ü Presales & Loans funded prior to October 2016 are grandfathered under old rules for purchase & refinances
o Qualify base on 5yr fixed contract rate
o Presales max 30yr amortization
o Keep remaining amortization on transfers even over 25yrs
o Original purchase price / today’s value can exceed $1M
o Transfers you can capitalize in max of $3,000 for penalties & fees
o Collateral switches are available with client paid FCT or FNF fees
o Refinances committed on prior to Oct 17, 2016 and funded by Nov 30, 2016 are insurable
ü Net rents calculation for clients with one non-subject rental property to a maximum of 3 rental properties
via lease agreements or economical rent letter from approved appraiser (rental worksheet or net rents from T1 Generals)
ü 100% of subject suite income to be used for qualification on owner occupied properties with 680+ Beacons (does not have to be legal just self contained)
Insured / Insurable only (uninsured 50% added to income)
ü 100% of back to work income to be used for applicants with maternity leave with expected return to work date / verbal confirmation
ü BFS sole proprietors can consider add backs for business use of home and CCA
or gross up by 15% 2yr average (not available on uninsured)
ü BFS incorporated clients can gross up T4 income by 15% with 2yr average (not available on uninsured)
ü Front to back underwriting so you only deal with 1 person the entire transaction we pride ourselves on service
ü Renewal compensation or upfront compensation you choose deal by deal
u Uninsured available up to 80% LTV 30yr Amortization