Benefits of Investing in a Mortgage Investment Corporation
Investing in a Mortgage Investment Corporation (MIC) offers several advantages like attractive returns from a diversified mortgage portfolio, regular income through interest payments or dividends, diversification, reducing the impact of individual loan defaults, professional management by experienced mortgage industry experts, accessible real estate exposure without large capital requirements, potential tax advantages in certain jurisdictions.
Key advantages of investing in Mortgage Investment Corporations
Regular Income
MICs distribute a significant portion of their income to investors in the form of dividends or interest payments.
Real Estate Exposure
By investing in a MIC, you gain exposure to the real estate market without having to directly own properties.
Professional Management
MICs are typically managed by experienced professionals who have expertise in evaluating and managing mortgage investments
Regulatory Oversight
In many jurisdictions, MICs are subject to regulatory oversight, ensuring that they adhere to certain standards and practices.
Our Mortgage Investment Corporation Offers Diversified Mortgages and Steady Returns
"Invest with Confidence"
What Protects Your Investment With Us?
Security
All Loans secured against Real Estate. Every Investment is Registered by an experienced lawyer against the property.
Higher Returns
A MIC offers better returns than traditional investments like savings account.
No Extra Costs
The MIC pays a fixed administration fee of 1.5% upto 5 Million and 1% for all investments over 5 Million. The borrower covers all closing costs such as lawyer fee, broker fee etc so MIC does not incur any extra costs for funding a mortgage.
Diversification
Your invested capital is mortgaged against number of different properties which helps improve the return on Investment and decreases the risk of the investment.
Tax Advantages
One of the biggest advantages of investing in a MIC is that you can invest majority of registered plan funds such as RRSP’s, TFSA etc. MIC's don't pay any corporate tax as they are a flow through Investment.
Investors become Shareholders
Investors buy shares of the company so it allows them to be shareholders. Each investor is provided audited financial reports prepared by one of the biggest Accounting firms in Canada.
Accountability
No salary or commission is paid out to any of the directors from the MIC. Audited financials from a reputed firm are available to Investors.