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CMLS Financial is pleased to introduce our new 2021 CMLS Partnership Program effective as of January 1, 2021. This program is designed to reward our approved residential broker house partners (“CMLS Partners”) for both funded volume and efficiency on prime mortgages that are branded as CMLS Financial, as well as AVEO and CMLS Financial Connect.

As a CMLS Partner, you can receive a host of volume and efficiency bonuses for funded volume from 5 million to 35 million dollars, with rewards increasing by funded volume. CMLS Partners can earn up to 10 bps in addition to our industry leading upfront and renewal commission options.

In addition to our enhanced compensation, qualifying CMLS Partners may receive additional benefits including; dedicated underwriting and appraisal reimbursements.

Become a CMLS Partner today to enjoy these benefits.

2021 CMLS Partnership Program

$5,000,000

Dedicated underwriting, access to enhanced compensation for efficiency (up to 2 bps)

$10,000,000

Dedicated underwriting, access to enhanced compensation for both funded volume and efficiency (up to 4 bps), appraisal reimbursement for prime CMLS Financial applications (up to $214)

$15,000,000

Dedicated underwriting, access to enhanced compensation for both funded volume and efficiency (up to 7 bps), appraisal reimbursement for prime CMLS Financial applications (up to $214)

$20,000,000

Dedicated underwriting, access to enhanced compensation for both funded volume and efficiency (up to 8 bps), appraisal reimbursement for prime CMLS Financial applications (up to $300)

$25,000,000

Dedicated underwriting, access to enhanced compensation for both funded volume and efficiency (up to 9 bps), appraisal reimbursement for prime CMLS Financial applications (up to $300)

$30,000,000

Dedicated underwriting, access to enhanced compensation for both funded volume and efficiency (up to 9.5 bps), appraisal reimbursement for prime CMLS Financial applications (up to $300)

$35,000,000

Dedicated underwriting, access to enhanced compensation for both funded volume and efficiency (up to 10 bps), appraisal reimbursement for prime CMLS Financial applications (up to $300)

CMLS Partnership Program Additional Details – Volume;

The CMLS Partnership Program funded volume component will be paid quarterly, based on the CMLS Partners performance in the quarters. As new funded volume thresholds are achieved, CMLS Financial will retroactively adjust compensation on all year to date funded volume.

For example;

Quarter 1 funded volume = $10,000,000. CMLS Partnership Program will pay 2 bps.

Quarter 2 funded volume = $20,000,000. CMLS Partnership Program will pay 4 bps for the funded volume between $10,000,000 to $20,000,000 and retroactively pay 2 bps for the $10,000,000 funded volume in Quarter 1.

CMLS Partnership Program Additional Details – Efficiency

The CMLS Partnership Program’s efficiency component will also be paid quarterly, based on the CMLS Partners performance in the quarter, with an opportunity for an annual look back. If the annual application to fund ratio qualifies for a higher commission amount, CMLS Financial will adjust retroactive to dollar one.

For example;

Quarter 1 funded volume = $10,000,000 with an application to fund ratio of 70%. CMLS Partnership program will pay 1 bps.

Year-end funded volume = $20,000,000 with an application to fund ratio 75%. CMLS Partnership Program will pay 3 bps for volume between $10,000,000 and $20,000,000 and retroactively pay 2 bps for the $10,000,000 funded in Quarter 1 with a 70% application to fund ratio.

2021 CMLS Partnership levels will be grandfathered for 2022. CMLS Partners are required to hit quarterly targets to maintain grandfathered benefits.

Full CMLS Partnership Program Details

1 CMLS Partnership Program is subject to change, including being discontinued at any time without notice. Examples of compensation earned is based on our standard 5 year insured / insurable compensation of 110 bps for our upfront program with no rate discounting

2 Excludes all other branded mortgages offered through or serviced by CMLS Financial

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We invite you to learn more and to ask how we can be of service to you.

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Thank you for your interest. We look forward to getting in touch.