MCAP Financial is Canada’s largest independent mortgage finance company, offering a wide range of residential and commercial products through mortgage brokers. With over 150 billion dollars in assets under management, MCAP supports everything from first‑time home purchases to complex development financing .
Mortgage Products Available
- Prime Fixed & Variable Mortgages
Competitive rates suitable for borrowers with strong credit and stable income. - Near‑Prime & Alternative Mortgages
Designed for applicants with credit challenges, higher debt ratios, or non‑traditional income structures. - Rental & Investment Mortgages
Tailored solutions for multi‑unit properties and real‑estate investors. - Refinance, Renewals & Switches
Flexible refinancing and renewal options to free up equity or secure better terms. - Construction & Development Financing
Custom loans for building or renovating projects.
Ideal Clients & Use Cases
MCAP may be a strong match for:
- First‑time or repeat homebuyers seeking both prime and insured mortgages
- People with challenged credit histories or who’ve worked through consumer proposals
- Self‑employed borrowers or commission‑based earners
- Real‑estate investors looking for multi‑unit financing
- Homeowners in need of smooth refinancing or renewal options
Key Benefits
- Flexible underwriting that accounts for diverse financial situations
- Multiple product lines offer broad options and competitive rates
- Broker‑only access, ensuring expert guidance throughout the process
- Construction loan expertise with tailored services
Things to Keep in Mind
- Not available directly—applications must go through a mortgage broker
- Potential lender fees and appraisal requirements
- Alternative products generally come with higher rates and shorter amortizations than prime mortgages
- Certain borrower and property criteria apply, especially for development financing
How to Know If MCAP Is Right for You
If your profile includes unusual income, a need for alternative lending, or investor financing, MCAP offers valuable options you may not find with traditional banks. Prime borrowers could find slight improvements with other lenders.
Working with a broker ensures your options are well understood and tailored to your goals.
Next Steps with The Local Broker
We help clients explore MCAP and other lenders to find the best fit. Whether you’re buying, renewing, or refinancing:
- Apply online now
- Contact us for a personalized consultation
Final Word
MCAP’s portfolio offers flexibility, competitive products, and broker support—making it a solid option for borrowers needing more than prime bank solutions. Let us help you understand your eligibility and navigate your mortgage journey.
