WHAT’S A MIC?Simplified real estate
investing.
Investments to build
your legacy.
INVESTING YOU CAN COUNT ON
You’ve heard the saying, “make your money work for you.” Well, with a Mortgage Investment Corporation (MIC), your money works for you and it works to help other people in your community.
A MIC is a type of alternative lender where investors pool capital, which is then lent to borrowers to purchase residential or commercial real estate. Borrowers, whom traditional banks may turn away due to strict lending policies, are able to purchase property. The payments borrowers make to their mortgages generates income for investors through receipt of dividends from these mortgage payments. Mortgage Investment Corporations are a type of investment strategy offering investments into diversified mortgage portfolios, which aim to generate consistent returns while also helping your community prosper.
HOW DOES A MIC WORK?
Growth and stability—
all in one investment.
Mortgage Investment Corporations allow you, the investor, to diversify your portfolio by investing into a fund made up of a pool of mortgages. Capitalizing on securing your investment through mortgages tied to both residential and commercial real estate, dividends are generated for investors without the challenges of direct property ownership.
- MORTGAGES ARE SECURED BY TANGIBLE REAL ESTATE
- OFFERS CASH FLOW STABILITY
- OUR INVESTORS BENEFIT FROM A DIVERSIFIED PORTFOLIO OF MORTGAGES
- DIVERSIFICATION FROM TRADITIONAL INVESTMENT PRODUCTS
- ABILITY TO INVEST VIA REGISTERED AND NON-REGISTERED ACCOUNTS
Our Funds
MortEq Fund
Since 2006, MortEq Lending Corp has loaned mortgages for both residential and commercial real estate. MortEq currently lends in British Columbia, Ontario, and Alberta and seeks to generate rates of return of 6.5 to 10% (net of management fee) for investors.
Oakhill Fund
Since 2021, Oakhill Lending Corp has loaned mortgages for both residential and commercial real estate. Oakhill currently lends in British Columbia, Ontario, and Alberta. Oakhill seeks to generate rates of return of 10 to 14% (net of management fee) for accredited investors.
Frequently Asked Questions Clear answers, straightforward solutions.
A Mortgage Investment Corporation (MIC) brings together investors and borrowers within the real estate market. Investors contribute capital to a pooled fund, which is then used to provide mortgages for borrowers purchasing residential or commercial property. Borrowers make payments on those mortgages, and the net income generated from interest and fees is distributed to investors as dividends in the form of interest income.
Borrowers may seek financing (e.g. a mortgage loan) from a Mortgage Investment Corporation when they cannot meet the strict lending requirements of traditional banks. MICs provide an alternative source of financing, allowing borrowers to obtain mortgages for residential or commercial real estate while, in turn, MIC investors benefit from the income generated from the pool of mortgage loans.
While investors earn dividend income from mortgage payments with pooled funds of a MIC, borrowers also gain access to the flexible capital needed to achieve their real estate goals. This process helps create positive community relationships, facilitating real estate activity and supporting local economic growth.
Mortgage Investment Corporations generally place pools of investor funds into a diversified portfolio of mortgages. By spreading capital across multiple loans secured by different residential and commercial properties, a MIC aims to reduce the risk associated with relying on a single property or borrower.
Investors earn income through dividends generated from mortgage payments made by borrowers. As borrowers pay interest and associated fees on their mortgages, those payments flow into the MIC and are distributed to investors as interest income from the pooled mortgage portfolio.