Magnum Mortgage and Realty Corp. is an Alberta based direct mortgage lending firm which funds and administers private residential mortgages in Alberta. Magnum Mortgage & Realty Corp. Is also a fully functioning and operational mortgage brokerage. Whether you are a borrower looking for a mortgage, an investor looking to invest in a mortgage, or a broker looking for funding opportunities, Magnum is your one stop shop for all your mortgage needs.
Originally dealing exclusively with second mortgage positions, Magnum now also offers more secure first mortgages for their investment clients. With a strong partnership of mortgage brokers, Magnum's highly experienced management team is able to broker, fund and administer mortgage investment products, providing handsome and reliable returns to our investment clients.
Originally dealing exclusively with second mortgage positions, Magnum now also offers more secure first mortgages for their investment clients. With a strong partnership of mortgage brokers, Magnum's highly experienced management team is able to broker, fund and administer mortgage investment products, providing handsome and reliable returns to our investment clients.
Services
Mortgage investing involves you lending money from RRSPs or cash to fund a borrower's mortgage with their house as security for the loan. Return higher yields of interest (6% - 12%)Current 5 year GICs are returning less then 3%. Targeted approach provides investments that match your profileTailor your portfolio between higher rates of returns with more risk or more moderate rates of return with less risk.
Magnum is a private lender specializing in residential near-prime and sub-prime 1st and 2nd mortgages in Alberta. Our funds are flexible and we can lend in situations where banks aren't able or willing. We consider at funding up to 80% with fees included in situations with good cash flow and some blemishes on their credit in major centres.
Magnum is a full spectrum mortgage brokerage. What this means is we offer in house mortgage financing as well as a full range of products from all of the major lender's allowing us to get you the best rate and mortgage possible. Our mortgage broker's are trained to provide excellent customer service and meet your needs whatever they may be.
If your needs include redirecting your volatile retirement savings to a steady investment, then consider a Self Directed RRSP mortgage investment. Depending on the amount of risk you desire and the funds you have available in your RRSP, LIRA, or RRIF we will be able to find you a mortgage that meets your comfort level.
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