- Registered Retirement Saving Plan (RRSP)
- Tax Free Saving Account (TFSA)
- Locked In Retirement Account (LIRA)
- Cash
Why people choose WIN MIC ?
- Fast Approvals.
- 1st and 2nd mortgage up to 85% loan to value (LTV).
- Competitive lending fees.
- Competitive interest rates.
- The flexibility and resources to tailor solutions to your needs.
- All credit scores considered.
- Dedicated underwriters to provide personalized service.
- Lending for Manitoba and Alberta.
Become an Investor
Lending Guidelines
Why should you invest with us ?
Easy to Understand
Simplicity is one of the most popular characteristics of the MIC model. MICs are an easy investment to understand as most investors are familiar with the concept of a mortgage. WIN MIC will provide annual financial statement to keep investors well informed.
Secure by Real Estate
Our mortgage portfolio will consist mainly of residential, commercial as well as Bridge financing loans SECURED by first or second mortgages. Total mortgage amount will not exceed 85% of the most recent valuation of the borrowers property.
Accountability
MICs must meet a set of requirements pursuant to section 130.1 of the Income Tax Act. One of the requirements is that every fiscal year, audit of a MIC’s annual financial statement must be made by an independent accounting firm based in Winnipeg.
Yield
WIN MIC has consistently met the benchmark yield of 6% - 8% annually. We can help you to achieve your retirement and financial goals. For more information please see Lending Guidelines page from top navigation.
Investment Vehicles
MIC’s are eligible for registered plans and Cash Investments.
Registered Retirement Saving Plan (RRSP)
Tax Free Saving Account (TFSA)
Locked in Retirement Account (LIRA)
