|Security||Registered as a Mortgage on title of the property|
|Rate of Return||7-8% on First Mortgages
10-12% on Second Mortgages
- Real Estate Market is an alternative to other volatile & non-asset based opportunities.
- Private Mortgages provide a consistent rate of return during the term of the mortgage.
- Interest is paid directly to the lender by the borrower. We do not administer mortgages.
Flow of Funds
- After all broker & legal due diligence is complete.
- Lender transfers the funds to his lawyer’s trust account
- Lender’s lawyer registers the mortgage on the property and releases the funds to Borrower’s lawyer’s trust account
- Borrower’s lawyer transfers the funds to the borrower