Investors pool their money by buying shares in a company called a Mortgage Investment Corporation (MIC). MICs are special companies created by virtue of Section 130.1 of the Income Tax Act.
Frontier Mortgage Investment Company (MIC) is a leading and trusted non-bank lender in Ontario. Our team works to provide mortgage alternatives for brokers and a fixed-income source for investors. Our mission is simple: Offer investors an opportunity to invest in shares in a profitable and highly marketable residential mortgage portfolio, while providing brokers with mortgage solutions.
Our diversified portfolio of high-yield Canadian residential mortgages provides investors with a stable and predictable set of returns. We primarily focus on highly-marketable residential real estate in Ontario, in both urban and suburban markets, with a portfolio of first and second mortgages.
Our team has over 50 years of combined experience in mortgage underwriting, risk management and mortgage investments. We have a proven track record of consistently creating a diversified, low-risk profile that creates sustained returns on your investment. We have a solid understanding on what type of residential real estate and borrowers to lend to that reduces the risk to FrontierMic and our investors. We also have excellent long-term relationships with our mortgage brokers.
Our experienced team of underwriters at FrontierMic mitigates risk by using our priority underwriting model. This model puts a tremendous amount of weight on the marketability of real estate. Our disciplined approach to underwriting creates a portfolio that can endure tougher economic cycles.
Who says that there can only be one winner? Not us. We built our business creating three winners:
With experience in virtually every facet of the real estate industry, we seldom encounter a loan scenario we cannot find a solution for.
With long-term investor relationships, we can provide term sheets within 24 hours in most cases.
FrontierMic prides itself on quick and clear communication. We are ready to respond and make fast common sense and risk-based decisions.
FrontierMic closes when they say they will. Period.
When you work with FrontierMic, you receive more than just a loan. From the first phone call or email, you have a partner with a vested interest in your success. You receive the assurance that every option was checked to make sure you won. Because when you win, we all do.
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