Armada Mortgage Corporation Mortgage Lender Profile
Generally for Builders, small developers and homeowners needing equity-based, construction or land financing in British Columbia, Alberta or Ontario through a broker.
Who they are
Armada Mortgage Corporation is a mortgage investment corporation founded in 1995 and based in Langley, British Columbia. It raises the money it lends from investors under the offering memorandum exemption, is overseen by the British Columbia Securities Commission, and is audited every year. A related company, Armada Wealth Management, handles the investment and dealer side of the business. Armada lends in British Columbia, Alberta and Ontario, and belongs to industry bodies including the Alberta Mortgage Brokers Association and the Canadian Alternative Mortgage Lenders Association. Its lending reaches borrowers through the mortgage broker channel rather than through branches.
What they lend on, and who for
Armada funds residential, construction and serviced land mortgages. It takes first and second mortgages as security, and in exceptional cases a third. The construction and land lending sets it apart from lenders that only deal with completed residential property, so it can be relevant to builders and small developers as well as to homeowners who need financing based on the equity in their home. Armada works through the mortgage broker channel. Files come to the company only through licensed mortgage brokers, who submit them for underwriting, and terms and pricing are set individually for each file.
How to approach Armada Mortgage Corporation
You can contact Armada Mortgage Corporation yourself; nothing stops you. What you cannot easily find out is what they will actually accept. What loan-to-value they will genuinely go to on your property, what exit they want to see, what the lender fee comes to, and how fast they can fund — none of that is published in full anywhere, and it moves.
A licensed broker who places files with lenders like this every week knows those criteria, and more usefully knows how to structure a file so it lands inside them rather than just outside. On anything that is not a straightforward salaried purchase, that structuring is most of the difference between an approval and a decline. It costs you nothing on a prime mortgage — the lender pays the broker when it funds.
| Lender type | Private · MIC |
| Registered as | Armada Mortgage Corporation |
| Head office | C405 - 20178 96 Avenue, Langley, BC V1M 0B2 |
| Website | armadamortgage.com |
| Phone | 604-467-6449 (toll-free 1-888-467-6449) |
Get notified 90 days before your renewal
Your lender contacts you at 30 days, when you have no time to shop. We reach you at 90 — early enough to lock a hold and personalize your offers.
Borrower ratings for Armada Mortgage Corporation
In today’s world, reviews dictate the service industry. Brokers have taken the hit for bad lenders. We bring the consumer experience to light to help borrowers decide.
How quickly did they issue a commitment and get to funding?
Was the rate you got competitive for the product you qualified for?
Could you reach someone, and did they resolve things?
Portal, e-signing, document upload, online account — did it work?
Were the terms, fees and penalties clear before you signed?
Worked with Armada Mortgage Corporation?
Score them on the five things above. We confirm every review by email before it publishes, and we publish the bad ones too.
Questions about Armada Mortgage Corporation
Is Armada Mortgage Corporation a real mortgage lender?
Yes. Armada Mortgage Corporation is a private (mic) based in British Columbia. Its own site is armadamortgage.com.
What kind of lender is Armada Mortgage Corporation?
Private — categorised in our directory as MIC. Equity lenders — the property matters more than the borrower. Short terms, higher rates, lender fees, and speed. Right for a genuinely temporary problem, wrong as a destination.
Should I go to Armada Mortgage Corporation directly or through a broker?
You can approach them yourself. The reason most people do not is that a lender's real criteria — how income is read, what is accepted as documentation, what will be allowed as an exception — are not published, and they change. A broker who works with Armada Mortgage Corporation regularly knows them and knows how to present a file to fit them, which on anything other than a simple salaried purchase is usually what decides the answer. On a prime mortgage it costs you nothing either way, because the lender pays the broker when it funds.
Would Armada Mortgage Corporation approve me?
No profile page can answer that, and any site that tries is guessing. It turns on how your income is earned and how much of it a lender will count, your credit history, the property itself, and how much you need against what it is worth. Those are the questions a licensed broker asks before naming a lender — and they will tell you which ones realistically fit, this one included, and which would price it better.
Where does Armada Mortgage Corporation lend?
Its head office is in British Columbia. Lending areas change and are not always the same as where the lender is based — confirm current coverage with the lender or a broker before planning around it.
Would Armada Mortgage Corporation take your file?
Send us the details and a licensed broker will tell you which lenders fit — this one included, and the ones that would price it better.
Send us the file