The Spark Difference
Brokers are our priority. Enjoy fast approvals, clear upfront rates and terms, and flexible, tailored solutions designed for your clients.
Benefits of Working with Spark
Spark Mortgage is a private lending company that offers customized loan solutions for borrowers needing flexible financing. We understand borrowers’ unique challenges and opportunities and provide fast, transparent, and reliable service.
Quick Approvals
Get an answer the same or the next business day so you can deliver a solution to your clients quickly.
No Appraisal, No Problem
We don’t always require a new appraisal if your LTV is under 65%.
Fair Terms
We fully disclose rates, fees, and terms upfront, so there are no surprises at closing or renewal.
Please submit your file to Spark Mortgage via your preferred submission platform. We accept electronic submissions from FINMO, Filogix, Velocity & Mortgage BOSS. If you would like to discuss a deal before submitting to see if it’s a fit for us, contact an underwriter at underwriting@sparkmorgage.ca or (604) 515-4417.
Generally, 75% is our maximum LTV, but we can go up to 80% on exception.
Our rates are determined on a case-by-case basis. Regarding fees, we charge 1% on 1st mortgages and 2% on 2nd mortgages, with a $2,000 minimum. Check out some of our recently arranged mortgages.
We offer 1st mortgages, 2nd mortgages, 3rd mortgages, HELOCs, and deposit loans.
We fund mortgages from as little as $50k up to $5M+
We lend everywhere in BC, as well as in major urban centres in Alberta, Manitoba, Yukon, and NWT.
We will finance residential homes, detached, townhomes, and condos. We also finance commercial, semi-commercial, vacant land, construction, acreage, mobile homes, lease land, and ALR.
We accept appraisals from Leemore Associates Real Estate Appraisers & Consultants Ltd., Macintosh Appraisals Ltd. & Westech Appraisal Services Ltd. If you already have a report from another firm please contact us, we may accept it with a Letter of Transmittal.
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What Our Clients Say
Our clients love our transparent approach to mortgages. Their positive experiences show how we’re dedicated to helping you every step of the way!
Talk to Us About Your Mortgage
Our experienced team is ready to offer personalized guidance tailored to your needs. Reach out today to discuss your options and see how we can help you achieve your financial goals!
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