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Mortgage investment corporation

Magenta Capital Corporation (Magenta Mortgage Investment Corporation)

Residential MIC lending only in Ontario on private first and second mortgages, refinances and rental properties for alternative borrowers, through licensed mortgage brokers.

Visit lender website Profile record checked Oct 30, 2026

Lender facts

Lender type
Mortgage investment corporation
Products offered
Private first mortgages · Private second mortgages · Equity take-out and refinance · Rental and investment propertiesLender website, checked Oct 30, 2026
Where they lend
OntarioLender website, checked Oct 30, 2026
Property types
owner-occupied residential · rental residentialLender website, checked Oct 30, 2026
Borrowers they mention
Self-employed borrowers · Borrowers with credit challenges · Newcomers to Canada · Real estate investorsLender website, checked Oct 30, 2026
Loan size
Not stated on the lender’s website
Highest stated maximum loan-to-value
75% (Up to 75% LTV on first and second mortgages)Lender website, checked Oct 30, 2026
How to apply
Through a mortgage broker onlyLender website, checked Oct 30, 2026
Fees
Standard lender fee and maximum broker fees apply; fees can be capitalized (amounts not published)Lender website, checked Oct 30, 2026
Profile status: not claimed

Facts were checked against the lender’s own website on Oct 30, 2026. The lender has not claimed this profile or confirmed them.

Before you apply

Use the lender’s website to confirm current terms and whether you can apply directly or need a mortgage broker. Published products are not personal offers.

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