Frequently, Canadians are starting to be more and more mindful that regular investments might not be their only or perhaps ideal choices any longer. The typical Canadian, especially Gen Xers or Millennials, are not as likely to blindly follow conventional investment advice from a bank, or maybe even by that of a family friend, a financial planner, and insurance advisor. Mortgage investing is becoming one of the most popular ways for people to invest their money, and you don’t need to be a wealthy person to become involved. If you would like to learn about how to invest in private mortgages in Nanaimo, the professional experts at ResCom Mortgage Solutions, Inc. will gladly assist you.
At ResCom Mortgage Solutions, Inc. we are referred to as the number one rated mortgage brokers who are the leading experts regarding how to invest in private mortgages in Nanaimo, and throughout the entire region. With over thirty five years of combined experience in the mortgage investing business, our knowledgeable staff will advise you on the best types of investments for your unique circumstances. We have people from all over Canada come to us for mortgage loans, usually because they don’t meet the strict criteria that banks are asking for these days. Even people with good credit and a steady job are being turned away by the thousands, and they trust us to help them secure a solid mortgage.
Mortgage funds create a terrific opportunity for an investor to make consistent, above average returns. For an investor with a mortgage fund, you own units, or shares of a Mortgage Investment Corporation, MIC, or a Mutual Fund Trust, or Trust. That MIC or Trust holds genuine mortgages registered on the title of the subject property. It's very common to see returns of 6-10 percent regularly on these kinds of funds. Additionally, these investments may usually be held within a variety, RESP, TFSA, or an RRSP of other registered investments holdings, providing the fund has completed the essential CRA registration.
Banks represent just an extremely small number of available lenders, though they are likely the most profitable, as well as the most recognized. But that is about it. You will find lenders that provide better rates and better terms. You will find lenders that have a lot more flexible guidelines for approvals, and you will find lenders that use a typical common sense approach to lending. Our private lenders are a great source for attaining a mortgage when you don’t want to deal with all of the hoops that the typical banks want you to jump through. Our private lenders are fair, honest and hard working people who choose to invest their money in this fashion.
If you would like some additional information regarding how to invest in private mortgages in Nanaimo, ResCom Mortgage Solutions, Inc. would like to invite you to visit our website. At rescommortgage.com, you can leave your contact information, for a quick response. You can also call us at 855.585.2080, and speak with one of our friendly and knowledgeable mortgage experts.Invest In Private Mortgages Nanaimo