Home Capital Group Inc is a Canada-based organization providing various credit services, deposit services, credit cards and mortgages.
The company conducts its operations through Home Trust Company, a wholly-owned subsidiary, which further operates through its affiliate Home Bank.
The specialty finance firm offers credit card issuing services, residential and non-residential services, deposit, mortgage, and lending services across various Canadian provinces, including British Columbia, Alberta and Ontario.
The Toronto-based finance company was founded in 1977 as Sonor Resources Corp. It went public in 1986 and rebranded as Home Capital Group Inc.
By 1987, the company started providing saving accounts and loans in Toronto.
In 2002, Home Trust opened a branch in Halifax, followed by the launching of several regional offices in different provinces.
Home Capital is reportedly a sector leader in the Canadian mortgage market.
The company's trading symbol is 'HCG' on the Toronto Stock Exchange.
Under the Oaken Financial brand, Home Trust provides deposit services through an extensive network of financial planners and brokers.
Credit cards, equity line of credit, Visa products, secured and unsecured cash products, commercial mortgages, deposits and retail credit are some of the financial services offered.
Oaken Financial was launched in 2013 to cater to the direct-to-consumer deposit business.
The financial company provides a High-Interest Savings Account (HISA) and Guaranteed Investment Certificates (GICs) that offers guaranteed returns and competitive rates for personal and commercial needs, reportedly.
Home Trust also claims to provide assistance and brokerage services for customers in purchasing homes or expanding business.
The Canadian company claims to provide prudent lending financial solutions to consumers.
It has branches in Halifax, Calgary, Montreal, Winnipeg and Vancouver.
The mortgage lending solutions include:
• Residential and non-residential commercial lending
• Classic single-family residential lending
• Insured residential lending
• Consumer retail lending
Home Capital Group Inc also provides innovative solutions for purchasing and enhancement for various residential properties.
The consumer retail lending services provide home improvement solutions, personal loans, credit card and lending services through its wholly-owned subsidiary Home Bank.
Home Bank initially founded as CFF Bank, which joined Home Trust Family in 2015. The subsidiary rebranded to present corporate name in August 2016.