Perch Capital Mortgage Investment Corporation

Perch Capital Mortgage Investment Corporation

Phone: 647 977-4775

Email business

www.perchcapital.ca

Website

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Perch Capital Mortgage Investment Corporation
Category: Investment Services

Key contact details for Perch Capital Mortgage Investment Corporation
Phone
647 977-4775
Email
Email business
Website
www.perchcapital.ca
Address
21 Wiseman Drive, Ontario Ajax, Canada L1Z1K9

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FAQs

A mortgage investment corporation, otherwise known as a MIC, offers shares (or units) at a fixed dollar amount to investors, and lends money out to qualified borrowers seeking a private mortgage. A MIC enables investors to come together and lend to multiple borrowers, which helps mitigate risk and diversify the portfolio. In contrast, a single investor lending to a single borrower through a private mortgage carries far more risk.
Investing in a mortgage fund is an opportunity for capital preservation and stable income generation. If your money is sitting in a high interest savings account or GIC as excess capital, and not required for day-to-day expenses, investing in Perch Capital offers a higher rate of return. However, unlike a savings account or GIC where you can start with $100 or $1,000, a mortgage fund typically requires a higher minimum investment. At Perch Capital, the minimum investment is $10,000.
For those who require greater liquidity and immediate access to cash, a mortgage investment is not recommended. When you buy units in a MIC like Perch Capital, these units are not traded on a stock market and are subject to resale restrictions under securities legislation. Redeeming units require advance notice and will take time to convert into cash.
‍Benefits of investing in a mortgage investment corporation: - Diversify your portfolio with a high yield alternative debt investment. There is no asset price volatility, since units are bought and redeemed at the same price. Historically, mortgage fund investments have limited correlation with stocks and bonds. For example, in 2022 even while stocks and bonds were down, with Perch Capital's MIC you would've earned an 8% return. - Reduce concentration risk. By investing in a MIC, Perch Capital holds a portfolio of mortgages which reduces exposure to any individual borrower. Most people simply don’t have the financial capacity to do this themselves. - Leverage deep industry expertise. Perch Capital’s mortgage fund team has extensive experience handling underwriting, servicing and mitigating defaults.
Cons of investing in a mortgage investment corporation: - Lack of liquidity. Mortgage fund investing can require minimum investment periods or restrictions on redemptions. It isn't a liquid investment that you can redeem at will. As such, we recommend only investing excess capital. - Influence is limited. Management will not run individual deals by you for approval. As an investor, you rely on the mortgage fund to assess and deploy capital wisely. - No guaranteed returns. Mortgage investment funds will communicate their target yield, however the actual payout will depend on borrowers making their mortgage payments. Perch Capital mitigates this risk by fully underwriting the deal and assessing the quality of the borrower and the property before issuing a mortgage approval.
Business profile

Mortgage investment corporation (MIC) designed for high growth
Founded in 2022, Perch Capital is a mortgage investment corporation (MIC) designed for high growth. This investment fund for investors looking for long-term safe investment fund that can generate up to 12% returns. Our objective is to preserve capital and generate stable returns to unitholders.

  • Business profile

    Mortgage investment corporation (MIC) designed for high growth
    Founded in 2022, Perch Capital is a mortgage investment corporation (MIC) designed for high growth. This investment fund for investors looking for long-term safe investment fund that can generate up to 12% returns. Our objective is to preserve capital and generate stable returns to unitholders.

Verified on Hotfrog

Perch Capital Mortgage Investment Corporation

Verified ID: 471b4fc0d244499e66a838fede116c55

Verified 07/07/2023 @ 16:05:10
Last updated 07/07/2023 @ 16:11:23