Residential Brokers

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 lack of “pride of ownership”

What small centres does Magenta Capital Corporation lend in?

Magenta Capital Corporation funds real estate properties in a wide range of small centres across Ontario. To learn more, contact one of our sales representatives at brokers@magentacapital.ca or click this link to access our Lending Area Map.

What urban centres does Magenta Capital Corporation lend in?

Magenta Capital Corporation funds real estate properties in a wide range of urban centres across Ontario. In addition to Eastern Ontario and Southwestern Ontario, we have recently expanded into the Greater Toronto Area (GTA). To learn more, contact one of our sales representatives at brokers@magentacapital.ca or click this link to access our Lending Area Map.

Where does Magenta Capital Corporation lend?

Magenta Capital Corporation 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. We’re proud of our local roots and are excited to announce that we are now lending in the Greater Toronto Area (GTA)!

How do I submit a deal to Magenta Capital Corporation?

After the broker and regional manager discuss the deal, the broker will submit the file using the platform of their choice. An underwriter and funder will be assigned, and the file will be completed through a solicitor.

What types of properties do you lend on?

Quality residential real estate located in strong, urban real estate markets in Ontario, with a heavy overweighting of 1st mortgages secured by owner occupied single family homes.