CMLS Financial | Canada's Mortgage Company
Product Term Upfront Model
Finder’s Fee Renewal Model Finder’s Fee at Funding Renewal Model Finder’s Fee for Renewal
Standard Mortgage 1 Year 50 basis points 45 basis points 15 basis points
Standard Mortgage 2 Year 65 basis points 60 basis points 30 basis points
Standard Mortgage 3 Year 75 basis points 67 basis points 45 basis points
Standard Mortgage 4 Year 75 basis points 67 basis points 45 basis points
Standard Mortgage 5 Year 105 basis points 100 basis points 50 basis points
Standard Mortgage 7 Year 130 basis points 120 basis points 50 basis points
Standard Mortgage 10 Year 140 basis points 130 basis points 50 basis points
Home Line HELOC 50 basis points* N/A N/A
Standard Uninsured 5 Year 100 basis points 90 basis points 50 basis points
Standard Uninsured 3 Year 65 basis points 57 basis points 45 basis points

*paid on average 60 day balance

Compensation defaults to the Upfront Model, unless you request Renewal Model in your application notes.
*HELOC finder fees are paid on the average of the initial 60 day balance.

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