The hard truth is most traditional fixed income products like GICs, Government of Canada bonds, and T-Bills offer low returns. The question then arises, where can a fixed income investor get better returns without significantly upping the risk factor?
The answer is to put your money where the mortgages are. Mike Vezina is the director of investor relations for Northlend Financial Inc., a mortgage administration company that offers, in his own words, “a bespoke solution for people who are interested in private mortgages that offer returns from 8% to 13% per annum.” Under Mike’s leadership, Northlend has funded over $80M since the summer of 2019 without any occurrence of mortgage enforcements and continues to help mortgage investors diversify their portfolios and build them into the millions.
Mike uses a personalized approach and offers a quality inventory of underwritten Canadian based mortgages. “We match our investors based on their mortgage investment profile until we find deals that fit. Our investors enjoy knowing exactly which property they have rights under a mortgage on and get the total return of that particular mortgage. No pooling of funds for our investors so no dilution of returns. For our investors, it is a very passive investment and they do not pay any fees whatsoever so when we say that we will pay them 8% for 12 months on a private mortgage, that is exactly what they receive.”
On top of their stellar mortgage inventory, His potential investors will be pleased to know that “there is no cost or upfront outlay to be on my exclusive list of investors who can view our inventory of quality underwritten mortgages. Our goal is to simply introduce good quality mortgage investing options to people serious about investing in this asset class. If our investor likes a deal we proceed!
If you are an investor who is looking for alternative fixed income options that offer an even better ROI than traditional fixed-income products, then it’s time to put your money into private mortgages. Touch base with Mike’ to begin your mortgage investment journey.
Source: Variance Marketing