Our diversified mortgage portfolio includes single-family residential loans across Canada originated via our wholly-owned subsidiary, XMC Mortgage Corporation.
| Loan Size | Security | Term | Interest Rate | Loan to Value | Debt Service Ratio (GDS/TDS) | Minimum Beacon Score |
|---|---|---|---|---|---|---|
| Up to $999,999 including insurer's premium | First mortgage on the property | 3 and 5 years | Fixed | Up to 95% | As per Mortgage Insurer’s Guidelines | ≥ 650 |
| Loan Size | Security | Term | Interest Rate | Loan to Value | Debt Service Ratio (GDS/TDS) | Minimum Beacon Score |
|---|---|---|---|---|---|---|
| Up to $2.5 million | First mortgage on the property | 1, 2, and 3 year term | Fixed | ≤ 80% | ≤ 48% | ≥ 500 |
MCAN is a knowledgeable investor in the Canadian Real Estate market with a focus on residential mortgages and residential construction lending supplemented by a select portfolio of other real estate-based investments.
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