Review Mortgage Lenders

Advantage Mortgage Corporation

Advantage Mortgage Consulting Award Ceremony 2005

Is There Now An Opportunity In MCAN Mortgage Corporation (TSE:MKP)?

Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Buying a great company with a robust outlook at a cheap price is always a good investment, so let’s also take a look at the company’s future expectations. Though in the case of MCAN Mortgage, it is expected to deliver a relatively unexciting earnings growth of 3.94%, which doesn’t help build up its investment thesis. Growth doesn’t appear to be a main reason for a buy decision for the company, at least in the near term.

What this means for you:

Are you a shareholder? MKP’s future growth appears to have been factored into the current share price, with shares trading above its fair value. At this current price, shareholders may be asking a different question – should I sell? If you believe MKP should trade below its current price, selling high and buying it back up again when its price falls towards its real value can be profitable. But before you make this decision, take a look at whether its fundamentals have changed.

Founders Advantage Releases 2017 Q4 and Annual Results

Overall, FAC has experienced significant growth since commencing its new business model in early 2016. Since that time, $146 million in capital has been deployed in the completion of four acquisitions and FAC has built a foundation of people and processes which will allow for additional growth without meaningful incremental resources. The timing of the acquisitions and the resulting growth renders period over period results less comparable. Highlights of 2017 significant transactions include:

Completed the acquisition of a 52% interest in Cape Communications International Inc. (operating as Impact Radio Accessories) (“Impact”) on March 1, 2017. Completion of a $75.0 million USD term credit facility with Sagard Credit Partners LP (“Sagard”) on June 14, 2017 (with $42.0 million drawn at closing). Completed the acquisition of a 50% interest in Astley Gilbert Limited (“AG”) on October 31, 2017.

Adjusted EBITDA for the Franchise segment includes a loss of $0.3 million from Newton Connectivity Systems Inc. (“NCS”) which is primarily a result of non-recurring severance costs of $0.3 million.  The NCS operations had incurred a current year adjusted EBITDA loss of $1.2 million prior to undergoing restructuring in Q2, 2017.  Since restructuring the operation has generated $0.9 million of adjusted EBITDA earnings. Please see the Corporation’s MD&A and financial statements for additional information relating to these financial impacts.

Intereste only mortgage for Corporation?

This question is for individuals who have corporations or are familiar with them or a mortgage broker. I would like look into an interest only mortgage that i can underwrite through my corporation.

This isn't going to be a popular answer, but its a smart one. If you're talking about investment properties(buying and selling properties for income), you really need to build up money to pay for those properties with cash.