Canadian Maple Leaf Licensing Info: Alberta Mortgage #MW-0511205,
FSCO (Ontario) #10315,
Saskatchewan Mortgage #315872, and all other provinces.
 
Division of

The Mortgage Group®


GLOSSARY

Canadian Financial, Real Estate and Mortgage Glossary

Previous Page
Card Validation CodeCeding Party
 
Currently Displayed — Page 6
Central 1 Credit Union — Chartered Insurance...
  Next Page
Chartered Insurance...Clean Sheeting
Central 1 Credit Union (C1CU) — Bank Est.1944, British Columbia, Canada, Important
  ➥  A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
central bankDefinition
An institution that manages a nation's monetary policy.
central vacuum (CVAC) — Acronym
certificate of deposit (CD) — Acronym
A time deposit product offered by US banks. In Canada these are referred to as guaranteed investment certificates or GICs.
Certificate of Financial Crime Analysis (CFCA) — Acronym
  ➥  Course studying fraud prevention & detection as well as anti money laundering.
certificate of occupancy (CO)Definition, Important
Authorization by a local government giving permission for someone to live in or use a building that has just been constructed or renovated.
  ➥  Zoning bylaw.
certificate of saleDefinition
An affidavit issued at a judicial or tax sale that entitles the buyer to the deed to the property purchased after court confirmation.
certificate of titleDefinition
A written document stating that the title to a piece of property is legally vested in the present owner.
Certified Annuity Consultant (CAC) — Acronym
Certified Annuity Specialist (CAS)Definition, Important
A professional who is certified to provide investment advice about annuities to clients.
certified cheque (CC)Definition
A cheque that a bank guarantees will clear.
  ➥  Bank account transaction code.
Certified Credit Professional (CCP) — Est. 1928, Toronto, Ontario, Canada
CCP is a credit management designation given out by the Credit Institute of Canada to its members with 5+ years of work experience who have successfully completed the CCP education courses.
  ➥  Formerly FCI (Fellow Credit Institute).
Certified Financial Planner (CFP) — Canada, Important
  ➥  Certification awarded in Canada by Financial Planners Standards Council (FPSC).
Certified General Accountant (CGA) — Acronym
certified home inspector (CHI) — Acronym
Certified Leasing Officer (CLO) — Canada
  ➥  Real Estate Institute of Canada accreditation.
Certified Manager of Condominiums (CMOC) — Canada
Certified Mortgage Appraisal Reviewer (CMAR) — Canada
Certified Real Estate Finance (CRF) — Canada
  ➥  Professional designation.
Certified Real Estate Specialist (CRES) — Canada
Certified Reserve Planner (CRP) — Canada
Certified Residential Underwriter (CRU) — Canada
chain of titleDefinition
Legal records that trace ownership of a property from the most recent owner to the original owner.
change frequencyDefinition
The scheduled period in which an adjustable-rate mortgage adjusts.
change orderDefinition
A document defining an alteration of construction plans.
charitable gift annuity (CGA)Canada, Very Important
A method to facilitate charitable giving whereby an individual transfers assets to a charity in exchange for a tax deduction and lifetime retirement income payments from the charity.
  ➥  A form of planned giving.
Chartered Accountant (CA) — Acronym
chartered banksDefinition
Financial institutions regulated under the Bank Act. Chartered banks are designated as Schedule I or Schedule II depending on their ownership.
Chartered Financial Analyst (CFA) — Canada
  ➥  A designation offered through the Association for Investment Management and Research (AIMR).
Chartered Insurance Professional (CIP)Canada, Very Important
A designation for professionals working in the casualty and property insurance industry.
  ➥  See also Fellow, Chartered Insurance Professional (FCIP).
Previous Page
Card Validation CodeCeding Party
 
Currently Displayed — Page 6
Central 1 Credit Union — Chartered Insurance...
  Next Page
Chartered Insurance...Clean Sheeting

Search the Glossary

Index for The Letter 'c'

Page 1: Caisse populaire
Canadian Apartment...
Page 2: Canadian Association of...
Canadian Information Centre...
Page 3: Canadian Institute for...
Canadian Securities...
Page 4: Canadian Society of...
Card Identification Number
Page 5: Card Validation Code
Ceding Party
Page 6: Central 1 Credit Union
Chartered Insurance...
Page 7: Chartered Insurance...
Clean Sheeting
Page 8: Clear Title
Combination Account
Page 9: Combined Loan-to-Value
Commissioner for Federal...
Page 10: Commissioners' Reserve...
Comprehensive Insurance
Page 11: Comptroller
Consolidated Credit...
Page 12: Consolidated Net Operating...
Contributory Negligence
Page 13: Controlled Growth
Cost of Insurance
Page 14: Cost of Living Adjustment
Credit Life Insurance
Page 15: Credit Limit
Current Loan-to-Value Ratio
Page 16: Current Market Value
Customer Relationship...

Notable Terms

The Greatest Mortgage Calculator
Rejoice! For the greatest mortgage calculator is finally here! Experiment with different mortgage rates, terms, amortizations and payment schedules or compare two different mortgages with automatically generated charts and graphs.
Greatest Mortgage Calculator
 
Best Rates in Canada
We offer Canadians some of the best mortgage rates available on the market. Contact our brokerage today and see why we are the top choice for online mortgages in Canada.
Canada's Best Rates
 
Below is a listing of our most popular mortgage product inquiries made using our online mortgage application for clients in Sarnia.

Mortgage Product Type Inquiries
First-time Home Buyer19.86%
Mortgage Pre-approval18.49%
No Money Down discontinued16.44%
Refinance/Consolidate Debt13.70%
New Purchase11.64%
Mortgage Renewal8.90%
Other10.94%