Mortgage Investing made easy
When you invest with CMI, you’re investing with a team of mortgage and investment professionals who will be with you every step of the way.
Every mortgage investment at CMI is fully managed and serviced by CMI Mortgage Services, our in-house mortgage administration team. This team is dedicated to creating, supporting, and safeguarding your investments at no additional cost to you. It’s our way of providing our investors with a full-service, value-added mortgage investment program.
The entire team at CMI helps to ensure that each mortgage investment meets our rigorous qualification and underwriting standards. We closely monitor each and every one of our investments throughout their term to ensure these standards are maintained.
CMI has a proven track record, with a historic loan loss rate of less than 1% since inception.
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Fixed income investment solution
For our investors, this translates into an attractive alternative fixed income investment solution – one that allows you to earn a solid return with complete peace of mind that we’re taking care of everything else.
Nothing is left to chance when it comes to managing your investments, leaving you with a worry-free investment experience so you can focus on what truly matters.
Safeguarding your Mortgage Investments
CMI Mortgage Services administers and services all of CMI’s mortgage investments, providing an added layer of protection for your investments, from beginning to end.
Our award-winning administration team, CMI Mortgage Services, works closely with our underwriters, lawyers and the rest of our team to ensure your mortgage investments are actively and effectively managed.
Our rigorous and comprehensive due diligence process ensures we take the necessary steps to fully assess the risk and potential return of each mortgage asset. We only present our investors with investment opportunities that have met these stringent standards.
1
Origination
CMI has successfully originated over $1 billion in mortgages to date. Our experienced underwriters and fulfillment staff carefully underwrite and thoroughly analyze and assess each and every deal. This creates an accurate and comprehensive assessment of risk, which greatly benefits our investors.
2
Closing
When we’re ready to close on the mortgage, we notify you regarding the transfer of funds and will send you a Reporting Package within 2 to 3 weeks. This package includes registration documents, legal documents and supporting mortgage documents. Our experienced administrative team also handles all the post-closing activities.
3
Monitoring
Our fulfillment and compliance teams provide ongoing quality control reviews throughout the entire term of the investment, ensuring all regulatory documentation is in order and any additional compliance documentation is validated. Our investors receive regular monthly payments without the inconvenience of having to update any of the mortgage documentation.
4
Renewals
Our Renewals department reviews each mortgage investment’s performance 60 days prior to maturity and works with the borrower to determine their future intentions. Renewal evaluations may include conducting property assessments, ensuring property taxes are fully paid and confirming insurance is in place before a final decision is made.
5
Enforcements
CMI’s rigorous qualification process helps us minimize the potential for repayment issues and the resulting losses to our mortgage assets. Regardless, our administration team has a default management process in place in instances where the borrower defaults on their mortgage. In the event of default, we’ll reach out to the borrower to encourage a resolution, create a customized go-forward plan, and if necessary, initiate legal action and repossession of the property.
6
General Administration
CMI is committed to helping investors achieve competitive returns by employing thorough due diligence at every step of the process. Our expertise in managing mortgage deals is evidenced by our extremely low historical loan loss rate of 1% since inception.
Plan for your future by investing with CMI
At CMI, we offer investors a broad range of high-quality mortgage investment products, which originate from a variety of residential mortgages across Canada. Our individual mortgage assets have a wide range of yields and risk profiles, enabling us to match you with the investment opportunity that best fits your investor profile.
In addition to the CMI Mortgage Investments Program, we also manage a suite of Mortgage Investment Corporation (MIC) funds, which provide investors with access to mortgage investing at a lower entry threshold of just $5,000.
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Contact us for more information or to book an appointment with one of our Investment Professionals.