The month of December brings about the holiday season, which is marked by celebrations around the world. These holidays are a time of joy, giving, celebration, family, and festivity. At Magenta, we have a lot to celebrate:
- Taking action in the communities that support us by volunteering at our local food banks in Ottawa and Toronto;
- Improving our website functionality and accessibility with all-new Broker and Investor portals;
- Launching a new, streamlined product suite tailored to the needs of alternative borrowers; and
- Of course, celebrating our 30th year of building better tomorrows.
As we reflect on a momentous year and look forward to what the next might bring, we want to take this moment to wish you a wonderful holiday season!
Where There’s Home, There’s Holiday
As winter approaches and temperatures plummet, we naturally find our lives centred more and more around hearth and home. It’s no mystery that, despite our different ‘reasons for the season’ across the world, many cultures take this time to open their homes to friends and family. They do so to share in warmth—both the literal glow of cozy fire and dazzling decorations and the figurative feeling we get when we celebrate with our loved ones and give freely of ourselves.
There’s no place like home for the holidays, and at Magenta, we’re proud to be in the business of making the vision of home a reality. Whether it’s borrowers purchasing homes for the first time, or investors that look to us for security in the home they have, homes are at the forefront of our work. And for those whom the idea of home is still a distant dream, we’re partnering with the Ottawa Food Bank and Toronto’s Daily Bread this GivingTuesday, December 3rd, to give the communities we call home support in this time of historic need.
This year, it’s estimated that 1 in 7 Ottawa residents don’t have enough to eat, and 1 in 10 GTA residents rely on food banks. That’s why we’re inviting our investors and investment advisors to donate to our Ottawa Food Bank or Daily Bread fundraisers. With your help, we can give everyone something worth celebrating this holiday season- a meal shared with families and friends.
Not a resident of Ottawa or the GTA, and hoping to support your local food bank instead? Visit Food Banks Canada to learn more about how you can help your community this holiday season.
Holiday Office Closures
Please note that Magenta’s offices will be closed from 12:00 PM on Tuesday, December 24th until Wednesday, January 1st, 2025. Our offices will reopen on Thursday, January 2nd, 2025.
We’ll continue to conduct essential business functions during this time. We will also do our best to reply to any urgent requests. However, our ability to help will be impacted by holiday closures at banks, law offices, and other related businesses.
If you have any questions about how a specific file could be affected, please call us at (613) 230- 5014 or email mortgages@magentacapital.ca.
Payment Change Requests
If you need to change to a payment scheduled between December 29th, 2024, and January 3rd, 2025, please let us know immediately. The deadline to make payment changes or deferrals is 4:00 PM on Friday, December 20th, 2024. Banks require three business days to stop or alter a payment, so we cannot accommodate requests made after this time.
If you have any questions about your upcoming payment, please call us at (613) 230-5014 or email mortgages@magentacapital.ca.
Happy Holidays!
The Magenta team wishes you a merry holiday season and a happy new year. We’re grateful for your continued support and look forward to working with you in the years to come.