Residential Mortgages

Our diversified mortgage portfolio includes single-family residential loans across Canada originated via our wholly-owned subsidiary, XMC Mortgage Corporation.

Single Family Insured Lending 
Loan SizeUp to $999,999 including insurer's premium
SecurityFirst mortgage on the property
Term3 and 5 years
Interest RateFixed
Loan to ValueUp to 95%
Debt Service Ratio (GDS/TDS)As per Mortgage Insurer’s Guidelines
Minimum Beacon Score≥ 650
Loan SizeSecurityTermInterest RateLoan to ValueDebt Service Ratio (GDS/TDS)Minimum Beacon Score
Up to $999,999 including insurer's premiumFirst mortgage on the property3 and 5 yearsFixedUp to 95%As per Mortgage Insurer’s Guidelines≥ 650
Single Family Uninsured Lending  
Loan SizeUp to $2.5 million
SecurityFirst mortgage on the property
Term1, 2, and 3 year term
Interest RateFixed
Loan to Value≤ 80%
Debt Service Ratio (GDS/TDS)≤ 48%
Minimum Beacon Score≥ 500
Loan SizeSecurityTermInterest RateLoan to ValueDebt Service Ratio (GDS/TDS)Minimum Beacon Score
Up to $2.5 million First mortgage on the property1, 2, and 3 year termFixed≤ 80%≤ 48%≥ 500

About MCAN

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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