To those new to this subject, Mortgage Investment Corporations (MIC) are a smart, productive way to invest in the housing market via mortgages. Essentially, a MIC manages a diversified pool of mortgages, and while it might sometimes be overlooked, there is a wealth of benefits for investors.
A Larger Pool of Mortgages and Steady Dividends
A MIC allows individuals to invest in a larger pool of mortgages in a diverse portfolio that takes advantage of the strong GTA housing market. It can provide a steady flow of dividends. Overall, it’s an opportunity to invest in the housing market and is managed by industry experts. The goal is always to turn your investment into a regular income.
Benefit from a Knowledgeable, Experienced Expert
Working with a MIC offers you access to the knowledge and skill of industry experts. Their goal is to ensure that the portfolio is diverse and strong so you can receive a healthy return on your investment. When it comes to your personal finances and hard earned money, you don’t want to cut any corners with respect to experience and know how.
Focus on Diversity
Most experts will tell you that portfolio diversity is a key to successful investing, whether it’s in the housing market or foreign markets. Not all MICs are created equal but building a portfolio that values a diverse offering can mitigate risk and potentially provide a higher return.
Maximize Investment Opportunities
Most supporters of the fixed income variety of investments offered by banks (GICs and Government bonds, for instance) provide investors a safe but unexciting return but it’s not always the clearest path to wealth. A MIC provides a similar mix of safety and low risk but with an opportunity to receive greater returns.
The Mortgage Company of Canada Inc. specializes in lending to specific sectors of the mortgage market, historically those under serviced by private and institutional lenders in terms of loan type, amount, and geographic location. Demand in these sectors has continued to be strong through the recent credit crisis and resulting economic downturn.
Throughout periods of uncertainty, Mortgage Company of Canada has maintained its focus on a number of critical underwriting criteria that have mitigated the portfolio’s overall risk. As an alternative investing strategy, this has allowed us to generate positive returns no matter what the broader market is doing.
To find out how you can diversify your investment portfolio with Canadian real estate mortgages, contact Mortgage Company of Canada Inc. at 905-886-5352 or by e-mail at email@example.com