Do you want to enter the real estate market with stable returns? One of the best ways that have garnered popularity in recent times is Mortgage Investment Corporation (MIC). With MIC, investors can get higher fixed income returns as compare to any other traditional investment option. The core area of financing in MIC is ‘residential mortgages’ to those people who are unable to get the funds from other financial institutions. Additionally, mortgage interest rates are on the higher side to compensate for the risk involved.
Moreover, MIC can opt to fund only the first and second mortgages and avoiding the third and fourth mortgages to reduce the risk factor. To alleviate risk the MIC undertakes a Loan-To-Value ratio. In this private mortgage lenders offer loan by covering 70-80% of the property value. With years of expertise and knowledge in the real estate market, Morex Capital can optimize maximize returns on capital invested as well as calculate the estimated risk involved.
For MIC return one can use a tax-sheltered account such as Registered Retirement Income Fund (RRIF) and Registered Retirement Saving Plan (RRSP).
As said earlier, MIC can help achieve great returns with low risk. The added benefits of MIC are security given to investors with yearly audit reports that help them understand where their funds are being utilized and they safe against any kind of fraud. Moreover, investors have major concerns about mortgage default. But with a reliable and experienced mortgage investment agency like Morex Capital – the MIC management team is extra vigilant and picky with whom to offer loans at what interest rates. Plus, the underwriting team will ultimately supervise the risk involved and return expected.
MIC is the best option for those investors looking to obtain a debt instrument that can offer them a higher return. And, with risk management tools used by MIC organization risk can be mitigated. So, if you have the capital to invest and looking for some best investment options talk to Morex Capital certified mortgage experts now!