Highlights Despite the pandemic, mortgage receivables grew 17% YTD, to $118M. This report is...Read More
Company Name: Three Point Capital Corp.
Three Point remains focused on first mortgages on single family residential properties. At the end of Q3, first mortgages accounted for 93% of the total portfolio. The loan-to-value (“LTV”) remains low at just 55%. The MIC has been diversifying its portfolio into Ontario (“ON”). At the end of Q3, B.C. accounted for 62%, and ON accounted for 29%.Read More