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.
Here are some recently arranged mortgages:
1st Mortgage on an acreage home in 108 Mile Ranch, BC
$450,000.00 | 59% LTV | 9.95%
2nd Mortgage to pay out existing private lender at renewal to improve rate on a home in Coquitlam, BC
$255,000.00 | 72.5% LTV | 12%
2nd Mortgage behind a CHIP Reverse Mortgage on a home on Denman Island, BC
$300,000.00 | 23% LTV | 9.95%
Benefits of Working with Spark
- Low Fees – We charge 1% on 1st mortgages and 2% on 2nd mortgages, with a $2,000 minimum.
- Electronic Submissions – We accept broker electronic submissions from FINMO, Filogix, Velocity & Mortgage BOSS.
- Broker Portal – Easily upload documents and check on condition status.
- Competitive Rates – Our rates are determined on a case-by-case basis. Contact us for a quote on your deal.
