As an established, Canada-wide alternative lender, we help borrowers solve tough financial problems, while offering investors steady financial growth through high-yielding mortgages. We offer Investors with limited amounts of capital the opportunity to invest in real estate through a well-diversified, high yielding, and secured portfolio. How does a mortgage investment corporation work? Private mo
rtgages have long been a proven investment vehicle for seasoned investors. Unfortunately, due to the large capital requirements for a well- diversified mortgage portfolio, individuals with limited amounts of funds and expertise were unable to participate; hence the need for Mortgage Investment Corporation. The structure of a MIC is similar to a mutual fund; however, instead of investing the capital in stocks, bonds, or other instruments, the capital in question is invested in a large pool of mortgages. This inherently reduces the risk through securitization and diversification, giving investors a steadily growing portfolio. As a mortgage investment corporation, or "MIC," we have a special designation by the Revenue Canada Agency, defined under Section 130.1 of the Income Tax Act. MICs are eligible for RRSP, TFSA’s, RRIFs, RESPs, deferred profit sharing plans, and pension plans. In addition, MIC is a flow-through investment vehicle which means all income generated must be redistributed to investors.
