CMI Financial Group, Explained

CMI is one of Canada’s larger private mortgage lenders — a broker-channel source of first, second and private mortgages for borrowers who don’t fit a traditional bank. Here’s how it works and where it fits.

Quick answer: CMI Financial Group is a Canadian private mortgage lender that funds through mortgage investment corporations and works exclusively through the broker channel. It offers first, second and private mortgages — equity-based, flexible, and aimed at borrowers frozen out of traditional lending — with over $1 billion in assets under administration. Like all private money it’s a short-term tool; we place it and compare it to other private options.
Private
Equity-based lender
$1B+
Assets under administration
Broker-only
No direct-to-public
1st & 2nd
Mortgage positions

Who is CMI?

CMI Financial Group is a Canadian private-lending group headquartered in Mississauga, Ontario, that funds mortgages through mortgage investment corporations and direct investment. It has deployed well over a billion dollars in private mortgage funds, holds over $1 billion in assets under administration, and manages the full mortgage lifecycle — origination, underwriting, funding and servicing — while working only with mortgage brokers rather than the public directly.

What CMI offers

CMI provides first, second and private mortgages for borrowers who don’t qualify for traditional bank financing — the self-employed, credit-challenged, or those needing to move quickly on an equity-based deal. Decisions lean on the property’s equity and marketability, which lets CMI be flexible where a bank can’t. As with any private mortgage, the rate and fees are higher, so it’s used as a short-term bridge with a plan to refinance out.

When CMI fits

  • Equity-based first or second mortgages where bank and alt lenders have said no.
  • Debt consolidation or an equity take-out that needs flexible underwriting.
  • Short-term or bridge situations where speed and flexibility matter most.

How a Calgary mortgage broker helps with CMI

CMI is broker-only, so a broker is the only way in — and structure is everything:

  • We build your file around the equity story and submit it to CMI.
  • We compare CMI against other private lenders and MICs on rate and fees.
  • We plan the exit to a bank or alternative lender from the start.
  • It’s free to start, with no credit hit and no obligation.

Mortgage Application

Need a flexible, equity-based mortgage? Let’s talk

  • 2-minute form
  • No credit check to start
  • Confidential
  • No obligation

Frequently asked questions

What is CMI Financial Group?
CMI is a Canadian private mortgage lender that funds through mortgage investment corporations and works only through mortgage brokers. It offers first, second and private mortgages for borrowers who don’t fit traditional banks.
Can I get a CMI mortgage directly?
No. CMI works exclusively through the mortgage broker channel. The only way to access it is through a licensed broker who packages and submits your file.
Does CMI do second mortgages?
Yes. CMI offers first, second and private mortgages, all decided largely on your home’s equity, which makes it flexible where a bank cannot be.
Are CMI mortgages long-term?
No. Like other private lenders, CMI is a short-term, equity-based solution. We build an exit plan to lower-cost financing from the outset.

Wondering if a private lender can help?

We’ll assess your equity, compare CMI against other private options, and map the exit to cheaper money. Apply online in about two minutes, or book a discovery call.

Apply online Book a discovery call
Free · No credit check to start · No obligation

This article is general information, not financial, mortgage or legal advice. Private mortgages carry higher rates and fees and are intended as short-term solutions; products, rates, fees and terms vary, are subject to change and depend on lender approval. CMI Financial Group is not affiliated with Mortgages for Less and no endorsement is implied. Please speak with a licensed mortgage professional about your specific circumstances. Mortgages for Less with INDI Mortgage.