Armada Mortgage

1st Mortgages up to $1,025,000 2nd Mortgages up to $300,000 Minimum Mortgage of $60,000 Amounts above our guidelines available with exceptions Owner Occupied Maximum LTV 65% Rental & Second homes Maximum LTV 60% Interest-only mortgage payments standard for 1st year — Amortization available upon request Open and closed mortgages Income confirmation: Low Documentation Title Insurance Required Full appraisal is done within 60 days with a letter of transmittal Refinance out of foreclosure up to 60% LTV Flexible rate plans available Inter-alia available upon request Lending in areas with a minimum population of 35,000 and within 50KM of a Major or Medium Urban center LTV and Rate will be determined based on overall risk assessment by Armada Management Minimum Lender Fee of $1,500 Property we lend on: Owner-Occupied, Rental, and Vacation Homes Detached Homes Duplexes Townhouses Apartments/Condos Acreages Spec Homes Mixed Use (Commercial ground floor and residential above) Multi-Family (6 door max) Examples: CRA Paydown Tax Positioning Self Employed Debt Consolidation Second Mortgages Construction and Land (BC only) Refinance Credit Building