Mortgage Investment Service
ASCEND MIC is a mortgage investment corporation (MIC). As such, we specialize in offering an alternative investment option that offers historically high rates of returns with relatively low levels of risk.
We do this by adhering to mortgage regulations established by the Canadian government to encourage investment in Canada’s private mortgages industry. As a result, ASCEND MIC leverages its expertise in mortgage lending to essentially package the resulting interest payments into regular securities dividends and/or interest payments based on a schedule that’s suitable to you.
How it works
In essence, a mortgage investment corporation is much like a mutual fund, where a mutual fund company makes numerous investments in various stocks and bonds, and then packages the returns into a predictable, safe and consistent stream of payments.
Similarly, what we, at ASCEND MIC, do as an mortgage investment corporation is essentially invest in a large pool of mortgages (by offering mortgage loans), the returns for which we package as a steady stream of payments on your end.
You don’t have to be an expert in mortgages. You don’t have to worry about administering mortgages or worrying about the countless details involved in establishing and maintaining mortgage agreements. We do all of that for you because we are licensed mortgage professionals with years of experience in the business. It’s just another part of the ASCEND MIC difference.
We do the work so you don’t have to
So, instead of worrying about administration, or monitoring market conditions, investing with ASCEND MIC simply involves becoming a MIC subscriber. As a result, you will benefit from the historically high rates of return that mortgages have yielded, while also benefitting from the safety and security involved in equity-based mortgage lending.
If it sounds really simple, that’s because it is.
Talk to us today to find out more about how investing in ASCEND MIC will provide you with an investment alternative that is relatively low-risk but has historically delivered high rates of return. We look forward to hearing from you.