Know Our Mortgage Lenders - MCAP

One of First Foundation’s long time lending partners is a company by the name of MCAP.

MCAP is Canada’s largest independent mortgage and equipment financing company, with more than $25 billion in assets under administration. The company operates in four key lines of business: residential mortgages, commercial mortgages, construction loans, and equipment financing.

MCAP originates, underwrites, securitizes, trades and services mortgage and leasing assets with employees in offices across Canada. MCAP has a stable of more than 100 institutional investors and over 130,000 borrowers.

As mortgage brokers, if we had to describe MCAP in one word, the term “efficient” would come to mind. They have the best online communication system in the business, allowing brokers to communicate with underwriters and their assistants in a timely, effective and concise manner. We can visually see exactly when a mortgage document is received by this lender, when it’s being reviewed and when it has been approved, all in real time.

This is a great advantage for our clients, especially during that tense, seven to ten day period they have to arrange financing once they’ve made an offer on their dream home. It’s always an exciting, yet stressful week and it certainly makes things easier when we are working with a lender that understands the need for up to the minute information. They also has a terrific underwriting department. In fact, we have the privilege of working with a great team at MCAP and we really like their common sense approach.

MCAP offers a full range of fixed rate, variable rate and revolving line of credit (HELOC)
products designed for first time home buyers, seasoned homeowners, self employed applicants and those who require an extended amortization. We find their rates competitive and their products innovative.

If we were afforded a second word to describe MCAP, it would be generous – we love their charitable efforts, both home and away. For instance, shortly after the Haiti disaster last January, MCAP encouraged their employees to make donations in support of the relief efforts and promised to match all donations.

On a regular basis, MCAP employees join thousands of volunteers who come out and help build homes for members of our local communities through Habitat for Humanity. In addition, MCAP has been a proud supporter of Habitat for more than 10 years. They have sponsored homes across Canada with the involvement of their employees, business partners such as mortgage brokers and their customers. They also manage many of Habitat’s homeowner family mortgages on behalf of numerous Habitat for Humanity Affiliates, at not cost to Habitat.

Through MCAP’s exclusive Key to Hope program, borrowers are able to join in by adding a specific donation amount to each mortgage payment, which is then matched by MCAP and donated to Habitat for Humanity Canada. Such an easy way to help a great cause!

Fast Facts about MCAP

• Over $23 billion in mortgage assets under administration
• One of Canada’s largest independent mortgage companies with offices spanning from
Vancouver to Halifax
• 91% of customers are consistently satisfied with the service they receive from MCAP
• Founding member of the Canadian Association of Accredited Mortgage Professionals (CAAMP)
• First servicer in Canada to receive Standard & Poor’s Above Average rating for leasing, residential and commercial mortgages servicing operations.

Contact one of our mortgage brokers to learn more about MCAP or any of our other terrific lending partners.

Statistics Source – MCAP Website.


As the company’s first employee, Jennifer has been a Licensed Mortgage Associate since 2004, but her current role is not focused on mortgages. She is the resident blog writer and…

Learn more about Jennifer Rochford