Reviews of Magenta Capital Corporation (Bank)

Janet MacDonald

As an experienced Mortgage Agent I rely on my lending partners to help out with files that don't fit the mainstream lenders for various reasons. Recently we had a very quick closing that required 2 mortgages ( refinance and purchase ) in order to save the deal for this client. Magenta went from approved to funded in 1 week. Underwriting and fulfilment was top notch, quick response and flexible with conditions to bring these deals together. Will gladly work with them again.

Volvo Man

Talk to a well established Ottawa based real estate lawyer about this company's reputation before getting a mortgage with them. You've been warned......

Daniel Eames

Do not use. I experienced their Kanata office; truly terrible.

Rob Leggett

Not happy with this mortgage company at all they have way to high of mortgage rates and are not very accommodating , they just take your money and you'll never get ahead ....this company is not in the best interest of their clients that's for sure .

Peter Zabiran

They capitalized on people desperation of not to losing their home. Charge people ridiculous lender fees of almost $11,000 on a loan of $350k and some other stupid fees in some cases even more than $11,000. I wish I can give them zero star but unfortunately I can't do that. Run away from them people if you can. They will keep you in second that you're trying to run away from.

Sumit Arora

Fantastic people to work with. Their interest rate and fees are reasonable. Quick turnaround. Closed a mortgage in 4 days. Thank you

Brooke Scouten

Magenta and their team saved the day for us! After another lender cancelled the deal, Magenta was able to pull through and fund the deal within 24 hours! They saved the day. The service was incredible and I look forward to working with them in the future!

Ditah Modest

As a private lending company, I say they are the best. They have the best rates and work with you as a client to accommodate your needs. I will recommend them for someone who understands that he/she is getting approved for their mortgage from a private company because they do not qualify to go with an A or Blender.

Rojin Abdul

I regret ever going with!! They do nothing but take my money literally my mortgage was with them for 3 years and when I finally refinanced and got a new bank I owed more money to them than when I opened my mortgage!!

jaskaran Mann

I had a Excellent experience with magenta. Thank you for helping me out. Definitely gonna recommend them.

sam. sidhu

I had mortgage with Magenta for my rental property investment very good experience fast and reliable. looking forward to do more bussiness with Magenta. thanks