Magenta Capital Corporation

  • September 5, 2023

    Selecting the Right Mortgage Investment Corporation 

    Investors

    Early on in your journey into alternative investment options, you likely came across the term Mortgage Investment Corporation (MIC). MICs have entered the spotlight in recent years as a key piece in both the wealth accumulation and the wealth preservation strategies of a variety of investors. This surge in popularity can be

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  • December 11, 2020

    Magenta Answers Broker Questions About B20

    Brokers

    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.  Accordingly, we have compiled Brokers’ most commonly-asked questions to help you understand Magenta’s lending posture. Will borrowers

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  • November 29, 2020

    Top 4 Tips for Mortgage Brokers to Effectively Package Deals

    Brokers

    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 lender. By remembering these four tips, you will be able to package deals effectively: Tip #1: Understand your client to provide strong lender

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  • October 26, 2020

    3 Tips for Planning an Exit Strategy

    Brokers

    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 Right Away: Successful exit strategies depend on getting started right away. The best practice is to formulate a plan while

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  • July 11, 2020

    Getting to ‘File Complete’: Using Checklists to Complete the Package

    Brokers

    Tips for Mortgage Brokers One of the most useful tools to help complete a file, is a good old-fashioned checklist. Checklists are easy to create, easy to use, can be implemented at any stage of a file, and are one of the simplest ways to make sure you get to

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  • June 6, 2020

    The Mortgage Renewal Process: What to Expect During the Mortgage Renewal Process

    Borrowers

    The maturity date of your mortgage is fast approaching. The maturity of your mortgage gives you an opportunity to review your financial situation and make some decisions based on your financial goals and current situation. If you discussed an exit strategy with your mortgage broker, you may be preparing to refinance

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