Canguard Mortgage Investment Solutions

Canguard is a well-managed and diverse MIC that caters to clients looking for growth in their investments and the possibility of receiving residual income. Canguard allows investors to get their feet wet with an initial investment of as little as $10,000. Because the fund is open to investors, they are not subject to fines or fees if they decide to sell their shares sooner than 30 days. Canguard’s clients’ happiness and their portfolios’ expansion are the company’s top priorities. Redeemed shares need to adhere to our redemption policy, and the third-party trust business that handles registered accounts may assess fees on those accounts.

Canguard Managed Investment Company (MIC) accepts cash investments and offers registered accounts such as RRSP, TFSA, RIFF, and RESP. Investing in registered accounts at Canguard is a fantastic alternative to fee-driven income choices such as equities or mutual funds, which investors can use instead. The Tax-Free Savings Account (TFSA), the Registered Education Savings Plan (RESP), the Rollover IRA for Individuals (RRIF), and the Traditional Individual Retirement Account (IRA) each have their own unique set of advantages, such as the ability to postpone or receive tax.

We provide various mortgage investment services in the Toronto area, including alternative investment solutions for experienced investors looking for locally sheltered opportunities that generate fixed income.

These property investments can be used in place of or in addition to other real estate investments, such as renting out your house or apartment. These investments provide the same benefits that becoming a landlord does, but without the headaches and hassles typically associated with managing rental properties, which are typical of real estate investments.

Private Mortgage Investment Solutions

There is a wide variety of opportunities for property investment that do not require the hassle of day-to-day real estate management. These opportunities are available to investors of all experience levels. Instead, the investor takes on the role of a lender for a first-time buyer of a home. While you (the lender or investor) are responsible for collecting payments on the property, the responsibility of property management is transferred to the homebuyer (borrower).

Instead of collecting rent, which you would have to reinvest in property maintenance or receive at a later date (if the borrower has financial issues), you receive your return on investment (ROI) by extending the loan. If the borrower has financial problems, you receive your ROI at a later date. Your borrower must make a down payment that has been prearranged, lowering the likelihood of late payments.

You can charge a higher interest rate than the bank does because the buyer most likely does not qualify for a bank mortgage due to factors such as a low credit score. This presents an opportunity for investors to profit by charging a higher rate. Despite this, one should not automatically consider the investment to be risky. If a potential buyer can save up to about $70,000 for the down payment on a home that costs $250,000, then they should be able to afford the monthly payments.

Plans are in place to accommodate a variety of private real estate investors, including the following:

Direct Investment Plans

Private mortgage investments should be considered by investors looking for high-yielding opportunities which are not afraid to deal with the power of sale and/or default situations. You own each mortgage investment directly and are solely responsible for managing and administering the investments you select. Annual yields on typical second mortgage investments can exceed 15%.

Investors can access an online platform to view information about their current and future real estate investment opportunities. These platforms are also ideal for bidding on and/or reserving available mortgage investment opportunities, as they provide unlimited access 24 hours a day, seven days a week.

Syndicate Investment Plans

This is a service that aims to connect private property investors with relevant opportunities for making money that is secured by real estate. It is offered as an investor exchange that can be accessed online. A group of private investors establishes the lending terms, and a plan is devised regarding how the borrower will make their monthly payments. These opportunities comprise private investments in first, second, and third mortgages. This is because major financial institutions, such as chartered banks, cannot finance these investments due to the stringent lending guidelines imposed by the provincial and federal governments.

Canguard Mortgages Investment Services

These mortgage opportunities result from a careful selection (conducted by our mortgage agents) of approved mortgage origination providers. These mortgage origination providers present real investment opportunities that our network of private property investors can investigate.

To participate in mortgage lending, it is not necessary for you to be a financial institution or a chartered bank because our mortgage investment services cover everything you could need. Private investors are equity lenders that use the collateral and equity in a particular property. In return for their investments, private investors receive the benefits of property ownership in the form of annual returns.

FAQ

How would you describe your business model?

Canguard is a non-bank mortgage lender that originates, underwrites, and services single-family, multi-family, and commercial mortgages. We do not accept consumer deposits because we are not a bank.

How does Canguard raise funds for mortgage lending?

Even though we do not accept consumer deposits, we have deep, broad, flexible, cost-effective capital that has been demonstrated over the past three decades through numerous economic and business cycles. We use several sources outside our balance sheets, such as institutional placements and securitization conduits such as asset-backed commercial paper, National Housing Act-Mortgage-Backed Securities, and Canada Mortgage Bonds (CMB).

What is mortgage servicing?

Mortgage servicing’s main responsibilities include collecting mortgage payments from borrowers and sending them to investors, accounting for amounts owed on mortgages, confirming that borrowers fulfill their obligations (like keeping up with property insurance and paying real estate taxes), enforcing mortgage security in the event of default, and managing mortgages on behalf of investors following servicing agreements. In addition to maintaining relationships with borrowers, these activities allow place or securitize renewed or refinanced mortgages and generate interest income on funds held in trust.

How do you originate commercial mortgages?

Our knowledgeable in-house mortgage underwriters are a major source for the multi-unit residential and commercial mortgages that we procure. Large, well-known developers, REITS, and other owners of multi-unit apartments, condominiums, residential care facilities, and industrial, office, and retail buildings are just a few of our commercial clients. The empowered advisors at First National are renowned for their knowledge and propensity for working quickly. They offer a range of conventional and insured mortgages to commercial clients, including bridge and construction financing.