The Magnum Advantage

Magnum is a private lender specializing in residential sub-prime 1st and 2nd mortgages in Alberta and Saskatchewan. Our funds are flexible and we can lend in situations where banks aren’t able or willing, such as:

Broker

Poor Beacon Score

We are an equity lender addressing each case individually

Fully Open, One Year Term

All of our mortgages are 100% open, 1 year term and amortized to the borrower’s specific needs

Fast Response and Ability to Fund

Magnum’s underwriters guarantee a 24 hour response time to your application and can fund almost immediately

BFI

Self employed or unsupported income will be considered

Broker Driven

We depend exclusively on broker referrals for our business and do not accept “walk in” clients

Short-Term or Bridge Financing

We can arrange funding in as little as 48 hours

Country Residential and Acreages

We are able to consider areas other lenders are unable including the National Parks of Banff and Jasper