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Commercial Process

Submit Application


Letter of intent is issued


Letter of intent is signed, and sent to MCAP


MCAP underwrites the loan


MCAP issues commitment letter to client or broker 


Commitment letter is returned, signed, with conditions met


MCAP sends out funding instructions


Loan servicing/ portfolio management


Broker’s Finder Fee

MCAP offers a competitive compensation plan for all valued mortgage brokers. Brokers are compensated with a Finder’s Fee for Personal Mortgages; depending on length of mortgage and whether it is a closed or variable term, fee to be negotiated.


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