Lending Areas

  • All LowerMainland Cities and other major cities in British Columbia (i.e. Kelowna, Kamloops, Vernon, Victoria and
    Nanaimo).
  • Major centres in Alberta.
  • Ontario – Major City Centers.

Guidelines (Owner Occupied & Rental)

Standard Guidelines

  • 1st Mortgages up to $750,000.00; 2nd Mortgages up to $150,000.00; amounts above our guidelines will require an exception.
  • Amortized or interest only available
  • Open mortgages available
  • Income confirmation:
    • Employed – current pay stub and letter of employment
    • Self-Employed – self-declared income letter and NOA
  • Payment Reserve Account Available
  • Title Insurance Required
  • Refinance out of foreclosure up to 60% LTV
  • Flex Rate Plans

Owner Occupied Guidelines

  • Maximum LTV 65%
  • Up to 65% LTV requires a full appraisal or an appraisal done with in 60 days with a letter of transmittal

Rental & Second Home Guidelines

  • Maximum LTV 60%
  • Up to 60% LTV requires a full appraisal or an appraisal done with in 60 days with a letter of transmittal

Property Types

  • Single Family Residential
  • Duplexes, Townhouses, Apartments, Condos
  • Acreages
  • Rentals
  • Interalia

Join our Mailing List

Join our mailing list to receive communication from Armada Mortgage Corporation regarding funding available in British Columbia, Alberta, Manitoba, and Ontario.

Approved Appraisers

Armada Mortgage Corporation requires that all funding proposals include an appraisal conducted by an approved firm. View a list of approved appraisers.

Submit a Deal

Contact us by email or phone at 1-888-467-6449 to get started.

Submit a Deal