Broker Loyal, Broker Driven

Your Success is Our Success

Exclusive Broker Programs and Offers

97% Commitment to Fund Rate

4 Hour Average Time to Approval

Upfront and Transparent Pricing

Broker Partner Registration

Access Weekly Rate Updates & Exclusive Offers

Mortgage Professionals that know the business Love working with us

Why Mortgage Brokers choose Lendmax?

It's simple - Mortgage brokers want solutions. Lately, there are more and more hoops to jump through in getting an approval.

We aim to demystify the underwriting process with technology and a streamlined process. We also eliminated the need of a business development team, and that means more competitive rates!

  • We offer upto 80% LTV Across Ontario

  • We offer 1st only upto 65% LTV Across British Columbia and Alberta

Our 1st and 2nd Mortgage Products

Ottawa, Ontario

1st Mortgage Funded

Deal Underwritten and Committed in 24 Hours

8.29% Rate, 2.49% Fee

  • First Mortgage $976,000 at 80% LTV

  • Single Family Detached, Owner Occupied

  • Credit Score 684

  • Previous Lender HomeTrust

  • Property Condition Excellent

  • Purpose Debt Consolidation

  • Funded in 5 Business Days

  • 12 Months Term (OPEN)

  • Exit Strategy Refinance with B Lender

Kitchener, Ontario

1st Mortgage Funded

Deal Underwritten and Committed in 24 Hours

8.79% Rate, 2.75% Fee

  • First Mortgage $528,000 at 78% LTV

  • Semi-Detached, Owner Occupied

  • Credit Score 627

  • Previous Lender CMLS

  • Property Condition Good

  • Purpose Divorce Buyout

  • Funded in 3 Business Days

  • 12 Months Term (CLOSED)

  • Exit Strategy Sell Home at Maturity

Brampton, Ontario

1st Mortgage Funded

Deal Underwritten and Committed in 4 Hours

11.49% Rate, 2.49% Fee

  • 2nd Mortgage $166,480 at 80% LTV

  • Town House (Free Hold), Owner Occupied

  • Credit Score 533

  • First Lender Community Trust

  • Property Condition Very Good

  • Purpose Refinance Existing 2nd of $120,000

  • Funded in 2 Business Days

  • 12 Months Term (CLOSED)

  • Exit Strategy Refinance with B Lender

Stoney Creek, Ontario

2nd Mortgage Funded

Deal Underwritten and Committed in 2 Hours

12.49% Rate 4.99% Fee

  • 2nd Mortgage $166,480 at 80% LTV

  • Town House (Free Hold), Owner Occupied

  • Credit Score 533

  • First Lender Community Trust

  • Property Condition Very Good

  • Purpose Refinance Existing 2nd of $120,000

  • Funded in 2 Business Days

  • 12 Months Term (CLOSED)

  • Exit Strategy Refinance with B Lender

Our 4 Hour Review Guarantee

What Do You Need to Get a Quick Review

These details enable us to quickly and accurately assess your file based on your specific requirements. We’d rather give you an immediate answer than hold the file and delay your financing options. By including all necessary information with each email submission, we can respond within a 4-hour review timeline

  • Property Address

  • Property Value

  • Current 1st

  • Current 2nd

  • Requested 1st/2nd Amount

  • LTV

  • Use of Funds

  • Any Arrears

  • Funding Date

Property Address

Property Value

Current 1st

Current 2 Column2nd

Requested 1st/2nd Amount

LTV

Use of Funds

Any Arrears

Funding Date

How to Submit Your Deals?

We accept deals using Finmo, Filogix and via email

Submit your deal with an application, credit report and appraisal to get quick pricing!

Our Mortgage Approval Process

We are dedicated in helping mortgage brokers close more deals faster and easier.

As a mortgage broker, you want to fund more deals, and we help you achieve that by firming up a deal faster!

Lendmax charges a non-refundable administration fee towards the effort of underwriting, committing, clearing conditions and instructing your file. These fees are transparently outlined in every offer and payable by the borrower upon requesting a commitment when they agree to move forward on a comprehensive offer to fund via email. No more Letter of Intents, No more time consuming quotes.

  • $500 applicable to Second mortgages

  • $1000 applicable to First mortgages

Why do we charge a Fee?

Collecting our fee helps offset are cost of underwriting deals and allows us to focus on interested borrowers. This also triggers our Fund Reservation Policy for the approved amount, making our funding process more efficient, less costly for the borrower and broker.

Is an Admin fee a legal charge?

Yes, as a Mortgage Lender we apply an administrative charge to our application for processing.

Is the Admin Fee Refundable?

If for any reason on our part we are unable to fund the mortgage offered and approved, the fee is refunded within 24 hours.

My client doesn't agree with the fee

Our ability to work on files quickly is an advantage to brokers and borrowers alike, the purpose of the fee is to separate serious borrowers from those who haven't yet decided if our offer is best suited for them.

Sample Commitment Letter

Sample Schedule A Terms and Conditions

HOW TO SUBMIT A DEAL?

PROPERTY ADDRESS

PROPERTY VALUE

CURRENT 1ST

CURRENT 2ND

REQUEST 1ST/2ND AMOUNT

LTV

USE OF FUNDS

ANY ARREARS

FUNDING DATE

INTRODUCING

HOW TO SUBMIT A DEAL

Here's what you need:

  • Property Address

  • Property Value

  • Current 1st

  • Current 2nd

  • Requested 1st/2nd Amount

  • LTV

  • Use of Funds

  • Any Arrears

  • Funding Date

Broker Driven, Broker Loyal

Priority Underwriting Service to Mortgage Pros

Email Submissions help us manage our file review better than any electronic submission.

Via Email, we have access to the application, appraisal and credit report all in a single shot helping us underwrite the file faster.

A quick pricing can help you close a deal faster with clients that are looking for an almost instant solution.

To avoid getting shopped on by Your Clients', We recommend every broker to start with a Property Appraisal with the recommended Approved Appraiser List. With a Clear Property Value, its' Marketability, Property Condition and location anayltics, Our underwriting team cann approve a file in under 20 minutes.

Easy Approvals on our Featured Mortgage Products

Mortgage Options built Around Your Clients' Situations

Prime Mortgage

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Max Mortgage

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Flex Mortgage

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Easy Approvals on our Featured Mortgage Products

Mortgage Options built Around Your Clients' Situations

Because It’s Time To Seek Financial Advice From Experts

No Compromise, Just Maximize.

Showcase a broker

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private mortgage lender

Lendmax Inc. is a licensed mortgage administrator for LMC MIC. FSRA 13002

CONTACT US

6 Indell Ln, Brampton ON

L6T3Y3

(416) 837-1414

LENDMAX INC. COMPLAINTS PROCESS

You can file a complaint with us and we will respond within 5 business days.

Via Mail: Lendmax Inc. 6 Indell Ln, Brampton ON L6T3Y3

Via Email: [email protected]

You can contact FSRA at [email protected], and review their Complaint Guide here

© 2022 Lendmax Capital FSRA Lic. 13002 - All Rights Reserved