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What is a MIC (Mortgage Investment Corporation)?

A Mortgage Investment Corporation (MIC) is a unique financial vehicle in Canada that allows individuals to invest in a diversified pool of mortgages while earning stable returns. It bridges the gap between investors seeking passive income and borrowers needing access to private mortgage financing. At Lendworth, we specialize in managing MICs to deliver value to both investors and borrowers.


How Does a MIC Work?

A MIC pools funds from multiple investors to provide mortgages to borrowers who may not qualify for traditional bank loans. These mortgages are typically secured by real estate, offering a layer of protection for investors. MICs are required to distribute 100% of their net income to shareholders, often as monthly dividends, making them an attractive option for those looking to generate consistent income.


Key Benefits of Investing in a MIC

  1. Steady Returns: MICs provide a reliable income stream by investing in secured mortgages. At Lendworth, our goal is to help investors achieve consistent returns while minimizing risk.
  2. Diversification: MICs spread investments across a portfolio of mortgages, reducing exposure to individual risk.
  3. Tax Advantages: MIC income is taxed as interest, which can be advantageous when held in tax-advantaged accounts like TFSAs or RRSPs.
  4. Accessibility: MICs allow individuals to invest in real estate-backed assets without the need to buy and manage property.


Why Borrowers Turn to MICs

Traditional lenders often have rigid qualification criteria, leaving some borrowers unable to secure financing. MICs, like those managed by Lendworth, provide equity-based lending solutions that prioritize the value of the property over the borrower's credit history. This flexibility makes MICs an essential part of the Canadian mortgage landscape, especially for borrowers looking for quick approvals or refinancing options.


Lendworth MIC: A Trusted Partner for Investors

At Lendworth, our MIC is designed to offer investors peace of mind through a carefully curated portfolio of residential and commercial mortgages. With a focus on transparency and ethical business practices, our team ensures that every mortgage is thoroughly vetted to safeguard shareholder capital.

By choosing Lendworth MIC, you gain access to:

  • Competitive returns
  • A professionally managed portfolio
  • Opportunities to invest in Canada's thriving real estate market


Is a MIC Right for You?

Whether you’re an experienced investor or new to the world of real estate-backed investments, MICs can be a powerful tool to grow your wealth. With Lendworth’s expertise in mortgage lending and investment management, we’re here to help you navigate your options and make informed decisions.

Start Your Investment Journey Today

Discover the potential of stable, diversified returns with Lendworth MIC. Contact us to learn more about how you can invest in a pool of secured mortgages and grow your wealth with confidence.

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