A borrower has just found out they won't be getting a prime rate on their loan. There are many reasons borrowers don’t get a loan. Sometimes they lose their job suddenly, or maybe they're new...
The new B20 guidelines are set to come into effect on January 1, 2018. It is essential for Mortgage Brokers to understand lenders and their niches, and what impact these changes will have. ...
This is a fictionalized case study intended to illustrate how Magenta provides solutions for borrowers in similar scenarios. All identifying details have been changed to protect the privacy of our...
You create solutions for your clients by addressing their unique circumstances. The process of packaging the deal is ultimately communicating your client's story and the proposed solution to the...
You create solutions for your clients by addressing their unique circumstances. The process of packaging the deal is ultimately communicating your client's story and the proposed solution to the...
For your clients who need a quick-fix mortgage, putting together an exit strategy is a must! Here are three tips for planning an exit strategy that will help you transition your borrowers: 1. Begin...
The alternative mortgage space is fast paced and exciting. Deals that come across your desk typically come with short turnaround times. When you factor in that many of the alternative deals are...
Thank you. Magenta is proud to work with you and we thank you for your ongoing support. We are delighted that Magenta was voted gold in four categories of CMP Magazine's Brokers on Lenders issue:...
Are you doing all that you can to package your deal for success? Making your deal 'lender friendly' is the easiest and quickest way to get an approval. Need tips? Here’s what your lender wants to...