Eagles Edge Capital Corporation offers their investors, individually or corporately, the opportunity to participate in quality first and second mortgages through two mortgage products:
- Syndicated Mortgages: Accredited investors can participate in Individual mortgages as part of a syndicate or a group. Interest is usually paid out monthly and is treated as interest income.
- MIC Funds: Mortgage Investment Corporations (MICs) allow investors to invest in a diversified pool of quality 1st and 2nd mortgages. The dividends are treated as interest income for tax purposes. Within these pools, you are able to invest both existing and new funds using cash (non-registered) or registered funds that may presently be in your RRSP, RRIF, or LIRA portfolios.
Eagles Edge Capital Corporation administers a MIC called Net Wealth Inc. An investor purchases preferred shares at a cost of $1.00 per share. These shares are not listed or traded on any public exchange and can only be purchased and sold through Eagles Edge Capital Corporation.
The MIC has a Board of Directors with diverse backgrounds and knowledge that collectively bring their expertise together to ensure that the MIC is professionally managed and that the best returns possible flow through to the investors with a minimum level of risk.
The dividends paid to our investors are calculated and paid quarterly. Unless otherwise instructed, your dividends will be reinvested back into the MIC and your interest earning will be compounded quarterly which means that you will receive interest on your dividends as well.
Regardless of your real estate or investment acumen, there is a mortgage option available to suit almost any level of expertise or preferred level of involvement.