Welcome Brokers.
If you are a broker, Approved Mortgage has extensive experience supporting brokers with private mortgage deals. See below for why we might be the right choice for your brokering needs.
Brokers Application Proccess
01 — Apply
Submit your deal through our application page.
We provide a clear answer within hours. If it’s a no, you’ll know quickly, so you can redirect your client without losing time. We lend our own capital, so decisions are made directly. No committees, no layers, no delays.
02 — Get Approved
Straightforward approvals. We keep conditions to a minimum. In most cases, we require only a signed commitment and a current first mortgage statement confirming balances. If anything additional is needed, it will be clearly outlined upfront.
03 — No Appraisals!
Because of our experience lending in the Calgary market, we’re able to underwrite without relying on third-party appraisals in most cases. Instead, we complete our own in-house property inspection. For your clients, this removes a common barrier to getting a deal done. There’s no upfront appraisal cost, no waiting on reports, and no risk of paying hundreds of dollars only to have the deal declined. If the file doesn’t move forward, your client isn’t out of pocket, and you’re not managing frustration from a sunk cost.
04 — Funding
Most clients seeking private financing are working against tight timelines. Because we lend our own capital, we’re not waiting on external investors or credit committees to release funds. Once the property inspection is complete, we can move quickly. In many cases, documents are signed and funds are advanced within 48 hours of inspection. This allows you to deliver real solutions when timing matters most, without the uncertainty and delays that often come with traditional private lending.
05 — Get Paid
You’re paid when the deal funds. Broker fees are issued immediately upon funding, so there’s no delay on your side.
After The Deal Is Closed
Brokers want to know their clients are in good hands after funding. With Approved Mortgage, that’s built into how we operate. We lend our own capital and service every mortgage in-house. We do not sell or transfer our files, so your client relationship stays consistent from start to finish.
What this means in practice:
1. Direct Lender Relationship
Your client deals with us throughout the life of the mortgage. There’s no handoff to a third party, and no uncertainty around servicing or communication.
2. Fair, Predictable Renewals
Our renewal fee is $495. We keep costs reasonable and avoid unnecessary friction for clients who need more time.
3. Stable Renewal Terms
In most cases, we do not increase rates or materially change payment structures at renewal. The goal is to support a clean transition, not create additional pressure.
4. Efficient Interest Structure
We compound semi-annually rather than monthly, reducing the overall interest burden for the client.