MIC - Mortgage Investment Corporation

Syndicated Mortgage - A single mortgage for which two or more investors have invested money directly on a single property.

Syndicated Investor - An investor who invests in a syndicated mortgage.  Syndicated investors may be individuals, corporations, or trusts.

Investor Portal - Our investor portal provides a list of mortgages that are available for you to invest in. You may choose to invest with as little as $25,000 up to the full amount of the mortgage posted. Each mortgage on our portal will vary in regards to location, loan to value, rate of return, term, property type and mortgage position.  New opportunities are added to the portal frequently.  To gain access to our portal you will need to provide your name, email address, and phone number.   This allows us to track who is accessing the information and protect the privacy of the borrowers.   You will be added to our email list to receive information additional mortgage investment opportunities through us but we will not share your information with anyone.   You will have the ability to unsubscribe from the emails at any time.

Dealing Representative - An individual who is licensed under an Exempt Market Dealer to sell Exempt Products such as MICs and Syndicated Mortgage investments, among others type of investments.

Exempt Product - Investment products that are not required to have a Prospectus, but rather must fall under an exemption such as having an Offering Memorandum, investments of at least $150,000 per investor, accredited investors, or Friends/Family/Business Associates.

Eligible Investor:

• A person who meets at least one of the following criteria
• A person who's net assets, alone or with a spouse, exceeds Four Hundred Thousand  Dollars($400,000.00)
• A person who's net income before taxes exceeds Seventy-Five Thousand ($75,000.00) Dollars in each of the two most recent calendar years and who reasonably expects to exceed that income level in the current calendar year, or who's net income before taxes combined with that of a spouse exceeds One Hundred and Twenty-Five Thousand ($125,000.00) Dollars in each of the two most recent calendar years and who reasonably expects to exceed that income level in the current calendar year.

• A person of which a majority of the voting securities are beneficially owned by eligible subscribers or a majority of the directors are eligible subscribers.
• A person who has a general partnership in which all of the partners are eligible subscribers.
• A person who has a limited partnership in which the majority of the general partners are eligible subscribers
• A person who has a trust or estate in which all of the beneficiaries or a majority of the trustees are eligible subscribers.
• A person or company that has obtained advice regarding the suitability of the investment (for residents of all provinces except British Columbia)

Accredited Investor - Investors who are financially sophisticated.   In order for an individual to qualify as an accredited investor, he or she must accomplish at least one of the following:

• earn an individual income of more than $200,000 per year, or a joint income of $300,000, in each of the last two years and expect to reasonably maintain the same level of income.
• have a net worth exceeding $1 million, either individually or jointly with his or her spouse (not including the value of the principal residence).
• be a general partner, executive officer, director or a related combination thereof for the issuer of a security being offered.