CMLS Financial Mortgage Rates & Reviews
CMLS Background
CMLS is a privately owned mortgage services company founded in 1974 and headquartered in Vancouver, British Columbia. The firm specializes in all mortgage-related activities such as lending, valuation, and servicing mortgages. The company has a portfolio exceeding $20 billion and originates $5 billion in commercial mortgage investments annually.
CMLS Financial Prime Rate
CMLS Financial's Prime Rate is used as the basis for many of CMLS Financial's lending products including variable rate mortgages, lines of credit, and HELOCs. Prime, or P, is normally combined with a spread to make up the final interest rate.
Current CMLS Financial Prime Rate: 2.45%
CMLS Financial Fixed-Rate Mortgages
| Term | Rate | Monthly Payment |
|---|---|---|
1-Year Fixed | 2.09% | $1,713 |
2-Year Fixed | 1.99% | $1,693 |
3-Year Fixed | 1.99% | $1,693 |
4-Year Fixed | 2.04% | $1,703 |
5-Year Fixed | 2.44% | $1,782 |
6-Year Fixed | 2.99% | $1,895 |
7-Year Fixed | 2.99% | $1,895 |
10-Year Fixed | 3.44% | $1,990 |
The rates shown are for insured mortgages with a down payment of less than 20%. You may get a different rate if you have a low credit score or a conventional mortgage. Rates may change at any time.
CMLS Financial Variable-Rate Mortgages
| Term | Rate | Monthly Payment |
|---|---|---|
3-Year Variable | 2.95% | $1,886 |
5-Year Variable | 2.95% | $1,886 |
The rates shown are for insured mortgages with a down payment of less than 20%. You may get a different rate if you have a low credit score or a conventional mortgage. Rates may change at any time.