Mortgage Investment Corporations are companies organized to allow investors to invest in pools of mortgages rather than a single mortgage. Profits generated by MICs are distributed to its shareholders according to their proportional interest. An investor in a MIC earns a blended rate of return based on the interest earned from each respective mortgage. The pool is continuously managed with new mortgages replacing mortgages that mature. A MIC is intended to appeal to investors who want a real estate oriented investment managed by professionals.

It is our belief that a diversified portfolio should include a real estate component that generates a consistent income stream. Mortgage investments have proven to be a reliable source of income and a strategy that gives the average investor an opportunity to participate in large scale developments. All of our real estate investments offer real security and maintain a 10%+ return on investment.

Our company's extensive experience in all aspects of real estate allows us to select the projects that possess the highest value for our clients.

Some TMIC features...

The TMIC is a Mortgage Investment Corporation (MIC) is an audited and provincially regulated fund of private mortgages, investing and lending its own funds directly to qualified borrowers on quality real-estate.

Mortgage investments are a great alternative to traditional security-focused fixed income options such as bonds or GICs. These are secured by real estate, which unlike most mutual funds, is not generally influenced by the volatility of the stock market therefore providing a lower risk investment.

Buying shares in a Mortgage Investment Corporation allows investors to pool their money and invest in a variety of mortgages. Profits generated by the MIC are distributed to its shareholders according to their proportional interest. Similar to a mutual fund, a MIC provides a convenient way to diversify your investments; the only difference is you're investing in a portfolio of mortgages instead of stocks and bonds.

Because a MIC pays all of its net profit to shareholders in the form of dividends, the MIC itself is not taxed. This significantly increases the yield for the shareholders. A MIC is the perfect opportunity for those investors looking for a simple yet rewarding real estate investment. A MIC is an eligible investment for RRSP & RRIF plans as well as RPP (Registered Pension Plan) and DPSP (Deferred Profit Sharing Plan).