Residential Brokers

  • August 25, 2022

    What rural centres does Magenta lend in?

    Please contact our business development manager to learn more.

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  • August 19, 2022

    Does your “No Doc” product require a notice of assessment?

    No. We don’t require any income verification. We are a property-first lender. Is the property typical for the neighbourhood and in a marketable area? If the answer is yes, then our No Doc product is a great solution!

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  • August 17, 2022

    Are there property types that are excluded

    Properties with wood foundations Properties on a flood plain Properties on leased land Remote rural properties Properties outside the primary lending areas with a value of less than $150,000.00 Mobile homes Remediated grow ops/meth labs Properties with holding tanks Properties on cisterns Properties with a shared well Farm land from which income is derived Properties where the sole source of heat is an outdoor furnace Log homes Properties with any gas tanks or fuel storage Properties that show an apparent

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  • What small centres does Magenta lend in?

    Magenta funds real estate properties in the following small centres in Eastern and Southwestern Ontario: EASTERN ONTARIO Almonte Arnprior Bath Carp Chesterville Clarence-Rockland Embrun Gananoque Greely Kemptville Metcalfe Napanee Osgoode Perth Renfrew Richmond Russell Smiths Falls Wendover SOUTHWESTERN Acton Arthur Aylmer Ayr Baden Binbrook Delhi Dorchester Elmira Elora Exeter Fergus Forest Grand Bend Grimsby Ingersoll Kilworth Listowel Lucan Milverton Mt. Brydges New Dundee New Hamburg Orangeville Paris Plattsville Port Stanley Rockwood Saint George Simcoe Smithville St. Thomas Stratford Strathroy Tavistock

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  • What urban centres does Magenta lend in?

    Magenta funds real estate properties in the following urban centres in Eastern and Southwestern Ontario: EASTERN ONTARIO Kingston, including : • Amherstview Ottawa, including : • Avalon • Barrhaven • Bells Corners • Carleton Place • Chapel Hill South • Fallingbrook • Gloucester • Kanata • Manotick • Nepean • Orleans SOUTHWESTERN ONTARIO Brantford Burlington Cambridge Georgetown Guelph Hamilton, including : • Stoney Creek • Dundas • Ancaster • Waterdown Kitchener London Milton Oakville Waterloo Woodstock

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  • Where does Magenta lend?

    Magenta funds real estate properties located in strong, stable urban markets where we have deep experience and understanding of property valuations, like Ottawa, Cambridge and Kitchener-Waterloo.

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