Terms with Tag Mortgage Lender
- Canadian Mortgage Loan Services (CMLS) — Company Est. 1974, Canada-wide, ➥ A Canadian NHA approved mortgage lender that offers mortgages for 5 or more multi-family units.
- Canadian Mortgage Servicing Corporation (CMSC) — Acronym, Toronto, Ontario, Canada,
- Canadian Western Bank (CWB) — Company, Edmonton, Alberta, Canada, Important, ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- Canadian Western Trust (CWT) — Company Est. 1987, Canada-wide, Important, ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- Canadiana Financial Corp. (CFC) — Company Est. 2010, Canada-wide excluding Quebec and the Territories, ➥ A Canadian NHA approved mortgage lender that offers mortgages for 1-4 multi-family units.
- CIBC Mortgages and Lending (CML) — Acronym, Toronto, Ontario, Canada,
- CIBC Mortgages Inc. (CMI) — Company, Canada-wide, Very Important, ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- CIBC Trust Corporation — Company, Canada-wide, ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- Citizens Bank of Canada (CB) — Company Est. 1997, Canada-wide, Important, ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- Client Spending Account (CSA) — Acronym, Important,
- Upon reaching a certain funding ratio with a lender, a client spending account may then be used by a mortgage broker to help retain clients.
➥ Broker compensation / loyalty program. - Combined Loan-to-Value (CLTV) — Acronym, Very Important,
- The connection between the unpaid principal balances of all the mortgages on a property (first and second usually) and the property's appraised value (or sales price, if it is lower).
➥ A term used by mortgage lenders and mortgage underwriters. - Community Trust — Company, Canada-wide, ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- Concentra Financial Services — Company, Canada-wide, ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- Conventional Progress Advance Mortgage (CPAM) — Acronym,
- Cooperators Life Insurance Company (CLIC) — Company, Canada-wide, ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- CS Alterna Bank — Company, Canada-wide, ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- Debt Coverage Ratio (DCR) — Acronym, Important,
- Double-Ended Deal (DED) — Acronym, Important,
- An offer to purchase with the same real estate agent acting for the purchaser and the vendor (often a conflict of interest). Higher risk deal cause higher incidences of fraud.
- Draw Mortgage (DM) — Acronym,
- A periodic payment made to a construction contractor or subcontractor as work progresses. A draw is part of a construction mortgage.
➥ See Progress Advance Mortgage (PAM). - Effort Trust Company — Company Est. 1978, Canada-wide, Important, ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- Empire Life (EL) — Company, Canada-wide, ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- Equitable Life Insurance Company Canada — Company, Canada-wide, ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- Equitable Trust Company (ETC) — Company Est. 1970, Canada-wide, Important, ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- Equity Financial Trust (EFT) — Company, Ontario, Canada, ➥ A Canadian NHA approved mortgage lender that offers mortgages for 1-4 multi-family units.
- Equity Take-Out (ETO) — Acronym, Very Important,
- To pull money out of a property, often through a refinance or home equity line of credit.
➥ CanEquity Mortgage offers this service. - Estimated Rental Value (ERV) — Acronym,
- Fédération Caisse populaire Acadiennes — Company, New Brunswick, Canada, ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- Fédération des caisses Desjardins du Québec — Company, Ontario and Quebec, Canada, ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- Fiducie Desjardins — Company, Canada-wide, ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- First National Financial (FNF) — Company Est. 2006, Toronto, Ontario, Canada, ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
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Canadian Mortgage Loan Serv... -
CIBC Mortgages and Lending
CIBC Mortgages and Lending
