Lendmax Capital MIC Mortgage Lender Profile
Generally for Borrowers in Ontario, BC or Alberta with non-traditional income who need a first or second mortgage outside bank qualification standards.
Who they are
Lendmax Capital is a Canadian mortgage lender that offers alternative mortgage products for borrowers with non-traditional income, or who do not meet the qualification standards banks apply. Its mortgages are handled by a team of mortgage specialists who state that they have funded more than $1 billion in mortgages between them. Alongside its lending, Lendmax is licensed as a mortgage administrator by the Financial Services Regulatory Authority of Ontario, and under that licence it administers money placed by investors. So the same company both lends to borrowers and looks after funds invested in mortgages.
What they lend on, and who for
Lendmax funds mortgages in Ontario, British Columbia and Alberta, so the property being financed needs to be in one of those three provinces. It runs two programs, Prime and Flex, and can approve both first and second mortgages under them. It will lend up to 80 per cent of a property's appraised value, which means an appraisal establishes the figure its lending is measured against. The focus throughout is on borrowers whose income is not documented in the way a bank expects, or who cannot meet bank qualification standards for other reasons.
How to approach Lendmax Capital MIC
You can contact Lendmax Capital MIC 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 |
| Head office | 6 Indell Ln Brampton, ON, L6T3Y3 |
| Website | lendmaxcapital.ca |
| Phone | 416-837-1414 |
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 Lendmax Capital MIC
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 Lendmax Capital MIC?
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 Lendmax Capital MIC
Is Lendmax Capital MIC a real mortgage lender?
Yes. Lendmax Capital MIC is a private (mic). Its own site is lendmaxcapital.ca.
What kind of lender is Lendmax Capital MIC?
Private — categorised in our directory as MIC/Private. 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 Lendmax Capital MIC 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 Lendmax Capital MIC 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 Lendmax Capital MIC 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 Lendmax Capital MIC lend?
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 Lendmax Capital MIC 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