Mortgage investing, made easy.
what’s a mic?
Mortgage Investment Corporations (MICs) are pooled investment vehicles that raise capital from investors by issuing shares, then use this money to fund a diverse portfolio of mortgages.
So, how do they work?
investing in MICs
How MICs work.
why pacifica?
How we can help you.
FAQs
Have any questions? We’re here to help.
If you have a question that is not listed, please feel to drop us a line at info@pacificamortgage.ca and a member of our team will be more than happy to help.
What are the benefits of a MIC?
Mortgages loaned by the MIC are secured by commercial and residential real estate property. We take our mortgage investments’ security seriously as demonstrated by rigorous borrower due diligence and underwriting practices. Our underwriters are highly experienced, our borrowers are thoroughly vetted, and as part of our agreement with our borrowers, we are on the title of every property (until the mortgage is paid off).
How are MIC Investments secured?
Mortgages loaned by the MIC are secured by commercial and residential real estate property. We take our mortgage investments’ security seriously as demonstrated by rigorous borrower due diligence and underwriting practices. Our underwriters are highly experienced, our borrowers are thoroughly vetted, and as part of our agreement with our borrowers, we are on the title of every property (until the mortgage is paid off).
What types of accounts can you invest from?
Mortgages loaned by the MIC are secured by commercial and residential real estate property. We take our mortgage investments’ security seriously as demonstrated by rigorous borrower due diligence and underwriting practices. Our underwriters are highly experienced, our borrowers are thoroughly vetted, and as part of our agreement with our borrowers, we are on the title of every property (until the mortgage is paid off).
What are the risks of investing in a MIC that I should be aware of?
Mortgages loaned by the MIC are secured by commercial and residential real estate property. We take our mortgage investments’ security seriously as demonstrated by rigorous borrower due diligence and underwriting practices. Our underwriters are highly experienced, our borrowers are thoroughly vetted, and as part of our agreement with our borrowers, we are on the title of every property (until the mortgage is paid off).
What types of mortgages do MICs fund?
Mortgages loaned by the MIC are secured by commercial and residential real estate property. We take our mortgage investments’ security seriously as demonstrated by rigorous borrower due diligence and underwriting practices. Our underwriters are highly experienced, our borrowers are thoroughly vetted, and as part of our agreement with our borrowers, we are on the title of every property (until the mortgage is paid off).