Builders Capital Mortgage Corp. Reports First Quarter Results
Builders Capital Takes Advantage of Market Positioning to Improve Results
Calgary, Alberta (Newsfile Corp. - May 25, 2021) - Builders Capital Mortgage Corp. (TSXV: BCF) ( Builders Capital or the Company ) announces that it has released its first quarter financial results for the period ending March 31, 2021.
Highlights include:
Total comprehensive income increased by 18.6% over Q1 2020 and 7.8% over the prior quarter
Assets held for sale were reduced by 18.7% year-over-year
Consistent with our targeted distribution, dividends paid to Class A public shareholders in the quarter were $0.1972 per share, representing an 8% annual return on the original $10.00 issue price
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Builders Capital Empowering Brokers With New Technology and Portal
Brokers are no longer the middleman in construction lending with the new broker portal.
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SEATTLE, May 7, 2021 /PRNewswire/ Builders Capital has launched the Broker Portal, a new proprietary technology that changes the private construction lending field, opening the lending pipeline for thousands of loan brokers and potentially accelerating construction projects nationwide.
When Builders Capital was launched in 2009, it immediately provided builders with an alternative source for funds as the economic crash threatened the industry.
Over the years, the organization has expanded to offer a full suite of construction loan products, focusing on ground-up construction. Its proprietary loan servicing platform streamlines the customer experiences through draws, inspections, and payoffs. As Builders Capital continues to evolve, the need for brokers to have a s
/PRNewswire/ Builders Capital has launched the Broker Portal, a new proprietary technology that changes the private construction lending field, opening the.
/PRNewswire/ After receiving his first loan from Builders Capital more than a decade ago, Robert Trent, now the CEO of Builders Capital, says the company.