About MorCan Financial

MorCan Financial is a Canadian mortgage brokerage firm that specializes is helping clients secure funding for residential purchases.

Where is MorCan located?

The offices of this Ontario-based company can be found in Vaughan. They are not limited to that locale and service the Greater Toronto Area as a whole.

What mortgage packages does this brokerage provide to their clients?

As is customary with any Canadian mortgage company, MorCan Financial helps their clientele with the following:

• Debt consolidation
• Credit repair
• New to Canada mortgages
• Mortgage renewals
• Self employed mortgages
• Vacation home mortgages
• Home equity mortgages
• Refinancing
• Investment property mortgages

Does MorCan work with a variety of lenders?

As one of Ontario’s most trusted mortgage brokers, MorCan Financial has access to over 50 lenders. They deal with major banks, credit unions and trusts. MorCan has relationships with many big names in the Canadian lending industry such as Merix, TD, ScotiaBank, First National and Home Trust.

They work with national and regional lenders to give their clients a personalized blueprint. No two lenders are alike and no two clients are alike. A well-versed broker knows this aspect of the mortgage landscape and uses his or her knowledge to pair their client with a lender that matches their financial situation.

What sets MorCan apart from the other Ontario mortgage firms?

MorCan Financial offers credit consolidation and credit repair. These services are not unique to the Ontario mortgage industry, but they are not offered by every company in the province.

Credit consolidation allows you to merge your debts onto one monthly payment. It is a great tool for those who find themselves swimming in debt and need a better system to become debt-free. On the other hand, credit repair is a service that puts people with sub-par credit on the path to good credit. Credit repair aids those who have very low credit scores in rebuilding their credit, thus helping them go from risky borrowers to ideal mortgage candidates.

Does their website have resources to help borrowers understand their mortgages?

The Morcan Financial site, morcan.ca, has links to articles that deal with the mortgage industry. It also features a glossary of important industry terms, frequently asked questions, and a calculator to let you see what you can afford in terms of monthly payments. You can also apply for a mortgage via their website or meet with a broker in person. Most brokers will come to you and meet according to your schedule.