Founded in 2013, Mortgage Company of Canada has grown to a diversified mortgage portfolio, secured primarily by residential properties across the Greater Toronto Area. Through Mortgage Company of Canada, investors looking for an alternative investment class have the opportunity to participate in an attractive portfolio of professionally managed, high-yielding Canadian mortgages.
In Ontario, the mortgage administering industry is regulated by the Financial Services Regulatory Authority of Ontario (FSRA), an independent regulating agency ad crown corporation accountable to the Minister of Finance . All mortgage brokerages, administrators, brokers, and agents need to be licensed with FSRA to conduct mortgage brokering business in Ontario.
More information on FSRA and the mortgage brokering industry can be found on FSRA’s web site.
Mortgage Company of Canada is administered by MCC Asset Management inc. operating under the trade name, Oppono Lending Company, a licensed mortgage administrator with FSRA.
BALANCED MORTGAGE FUND:
Comprised of first and second mortgages
REAL ESTATE TYPE:
Commercial and Residential
NO STRESS:
QUALIFIED INVESTMENT:
RRSP, RRIF, RESP, LIRA, TFSA eligible
Secured Investment
Mortgages purchased by the MIC are secured by real assets.
Diversification
Investors own shares of a diversified portfolio of mortgage loans, thereby mitigating risk.
Diversification
Investors own shares of a diversified portfolio of mortgage loans, thereby mitigating risk.
Deferred Income Plans
Investment in a MIC is considered a qualified investment and can be held in a number of registered savings plans (RRSP, RRIF, TFSA, RESP and deferred profit sharing plans).
Regular Income
Investors can choose to take their dividends in cash or re-invest them into additional shares in accordance with the MIC’s dividend reinvestment policy.
Regular Income
Investors can choose to take their dividends in cash or re-invest them into additional shares in accordance with the MIC’s dividend reinvestment policy.
