Lender History:
Eclipse Mortgages is a subsidiary of MCAP, the largest monoline lender in the industry. Eclipse is the alternative channel to MCAP and RMG Mortgages.
Lender Niches
Eclipse Financial is a rate-driven alternative lender offering tailored solutions such as a Business for Self program, a specialized rental program, and a graduation program that helps borrowers transition to prime lenders like RMG or MCAP.
Factors to consider:
Eclipse offers a more limited range of programs compared to other alternative lenders. However, if you meet their specific guidelines, you can often benefit from rates that are better than typical alternative lenders. They also provide a graduation program to help borrowers transition to A lenders.
Contact Information and Links for Eclipse Mortgages:
Head Office Location:
Mortgage Servicing Centre
P.O. Box 351 STN C
Kitchener, ON N2G 3Y9Contact Information:
Phone (English): 1 866 800 4002
Phone (French): 1 800 889 2492
Fax: 1 855 875 6632
E-mail: service@mcap.com
