Alternative mortgage programs
for Ontario, BC and Alberta.
Lendmax lends in two families. Prime is the tighter box — urban markets, cleaner credit, no private money already on title — and carries the sharpest terms we offer. Flex exists for everything Prime turns away: smaller markets, thinner credit, private takeouts, and higher loan-to-value. Pricing is quoted per file and is never published; the criteria are.
Prime and Flex, side by side.
| Criteria | Prime | Flex |
|---|---|---|
| Positions | 1st and 2nd, plus the quick-close series | 1st and 2nd, plus Rental and HELOC-75 |
| Geography | Prime markets in Ontario, British Columbia and Alberta | Materially more locations, including smaller and rural markets |
| Population | Centres of 50,000+ | No fixed population floor — assessed on marketability |
| Credit | 660+ prices best; 600–659 accepted | Full spectrum from the 500 band, including no established score |
| Private on title | Not eligible | Acceptable, including private-to-private takeouts |
| LTV ceiling | Up to the program maximum in Ontario; tighter in BC and Alberta | Highest ceilings in the suite on qualifying files |
| Income | Not required | Not required |
| Condominiums | Reduced ceiling, minimum two bedrooms | Reduced ceiling, minimum two bedrooms |
| Terms | 3, 6, 9, 12 months · open or closed | 3, 6, 9, 12 months · open or closed |
| Pricing | Sharpest pricing Lendmax offers | Above Prime, reflecting the wider box |
Ceilings shown are program maximums. The ceiling applied to any one file is set by location, credit band, position and property type together. Run a file through the Pricing Calculator →
Pick the one that fits the file.
Prime 1st Mortgage →
First charge for purchase or refinance on urban and near-urban residential property in centres of 50,000 or more, with no private money on title.
PrimePrime 2nd Mortgage →
Second charge behind an institutional or conventional first, for equity takeout, debt consolidation or a short-dated cash need.
PrimePrime 50 & Prime 75 →
Small second mortgages to $50,000 and $75,000 on one all-in price, open with no penalty, funded in 48 hours.
FlexFlex 1st Mortgage →
First charge across a far wider map — smaller markets, rural files, bruised credit and private takeouts.
FlexFlex 2nd Mortgage →
The highest loan-to-value ceilings Lendmax offers, behind an institutional, conventional or private first.
SpecialtyRental Program →
One to four unit rentals and small investment property, with rent counted the way the file actually works.
SpecialtyHELOC-75 →
A revolving home equity line to 75% loan-to-value, drawn and repaid as the borrower needs it.
CoverageLending areas →
Which programs are available where, and how market size changes the ceiling.