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Submit a Deal

Armada Mortgage Corporation makes funding available across Canada

Armada Mortgage Corporation invests in residential, commercial, construction, and raw land mortgages. We are always seeking lending opportunites and welcome deal proposals from brokers. We lend in the Lower Mainland and all other major cities in British Columbia. We also lend in major centres in Alberta, the Toronto and Ottawa Greater Areas in Ontario, and the Winnipeg Greater Area in Manitoba. We pride ourselves on our fast response times.

Guidelines

Standard Guidelines

  • 1st Mortgages up to $750,000.00*
  • 2nd Mortgages up to $150,000.00*
  • Amortization up to 35 years 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
  • Non-Resident financing
  • Refinance out of foreclosure up to 65% LTV
  • Flex Rate Plans

* Amounts above our guidelines will require an exception.

Owner Occupied Guidelines

  • Maximum LTV 70%
  • Up to 70% LTV requires a full appraisal or an appraisal done with in 60 days with a letter of transmittal

Rental & Second Home 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

Property Types

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

Join our Mailing List

Join our mailing lists 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.

Mortgage Brokers Association of British Columbia Registered Deposit Brokers Association
Phone

Phone: 604-467-6449
Toll Free: 1-888-467-6449
Fax: 604-467-6409

Email

sales@armadamortgage.com
Google Maps Address

Armada Mortgage Corporation
11951 224th St.
Maple Ridge, BC V2X 6B2

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