Brokers

Fast Turnarounds. Quality Support.

Low Lending Fees

Armada is proud to work with Mortgage Brokers in British Columbia, Alberta and Ontario. At Armada, our transparent approach ensures Brokers and their clients receive what they need in a timely and efficient manner, with customer service and support at the forefront. It is important to us that your clients stay your clients, and we keep your best interest in mind for a seamless client lending experience. Submit your deal easily using email, Sync, Filogix, Finmo, or Lendesk.

1st Mortgage Rates starting at 6.49% with a 1% Lender Fee
2nd Mortgage Rates starting at 8.50% with a 2% Lender Fee

For a rate quote, please contact our office.

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Mortgage Brokers

A fast and simple deal submission

Use one of the following methods to submit your deal to Armada.

General Guidelines

Submission Checklist

  • Please send completed application with the following documents:

    • Application

    • Credit Bureau(s)

    • Summary of File

      Purpose of Mortgage
      Client Story
      Exit Strategy

  • Other Documents Available

    • Appraisal

    • Contract of Purchase & Sale (for purchases only)

    • 1st Mortgage Statement (for second mortgages only)

    • For Construction (BC Only):

      New Home Warranty Coverage
      Plans and Budget
      Building Permit
      Builder Resume

Alternative Mortgage Lending

Where we lend

  • armada mortgage lending locations ontario

    Ontario

    We lend in both major and medium urban centres within Ontario such as Toronto, Ottawa, Hamilton/Kitchener-Waterloo.

  • armada mortgage lending locations alberta

    Alberta

    We lend in major Alberta cities such as Calgary, Edmonton, Red Deer, and Grande Prairie.

  • armada mortgage lending locations british columbia

    British Columbia

    All Lower Mainland cities as well as other major cities in British Columbia such as Vancouver, Langley, Surrey, Kelowna, Kamloops, Victoria & Nanaimo.

Alternative Mortgage Lending

Our Guidelines

    • 1st Mortgages up to $1,025,000
    • 2nd Mortgages up to $300,000
    • Minimum Mortgage of $60,000
    • Amounts above our guidelines available with exceptions
    • Owner Occupied Maximum LTV 65%
    • Rental & Second homes Maximum LTV 60%
    • Interest-only mortgage payments standard for 1st year — Amortization available upon request
    • Open and closed mortgages
    • Income confirmation: Low Documentation
    • Title Insurance Required
    • Full appraisal is done within 60 days with a letter of transmittal
    • Refinance out of foreclosure up to 60% LTV
    • Flexible rate plans available
    • Inter-alia available upon request
    • Lending in areas with a minimum population of 35,000 and within 50KM of a Major or Medium Urban center
    • LTV and Rate will be determined based on overall risk assessment by Armada Management
    • Minimum Lender Fee of $1,500

    • Owner-Occupied, Rental, and Vacation Homes
    • Detached Homes
    • Duplexes
    • Townhouses
    • Apartments/Condos
    • Acreages
    • Spec Homes
    • Mixed Use (Commercial ground floor and residential above)
    • Multi-Family (6 door max)

Not sure where to start?

Get in touch

We can help you get started, wherever you're at.

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