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Frequently Asked Questions

Please see the answers below to frequently asked questions.
If you have questions, please use the contact form here.

What is a Mortgage Investment Corporation (MIC)?

A Mortgage Investment Corporation, managed by a Mortgage Administrator, is a provincially registered and licensed mortgage investment and lending company, that enables investing in a pool of mortgages. A Mortgage Investment Corporation provides its investors with interest distributions that are paid out.

We have more than 24 years of combined real estate investing experience, as landlords and investing in residential mortgages.
Nest Capital principals are invested in the company and have skin in the game. We invest alongside you in a pool of carefully vetted mortgages.

We will connect you to our registered exempt market dealer.
A suitability assessment will be done with an exempt market dealer.
The exempt market dealer will provide investment next step and funding instructions.

Prospective investors can invest individually or through their business.
We accept cash investments and registered plans investments such as TFSA, RRSP, RRIF, LIRA, LIF, and RESP.

The minimum investment for the fund is $10,000 for qualified investors. The average investor has invested closer to $100,000.

To invest in Nest Capital MIC, an investor must purchase through a registered dealer:
- Atlas One Digital Securities Inc. - Ryan Firsker ryan@atlasone.ca or click here to invest
- Finhaven Capital Inc. - Mike Poettcker mike.poettcker@finhaven.com or 604-818-0732

Check out the link to our article here, or click here to watch our video to learn more about the differences between investing in an individual mortgage versus investing in a pool of mortgages!

When we receive a file from a mortgage broker or agent, we evaluate the paperwork and appraisal. We do not accept any files with paperwork deficiencies.
Once we have examined the paperwork, it is reviewed by our underwriting committee to determine suitability, funding requirements and questions for follow up.
The file is then sent to one of our real estate lawyers to obtain a full legal evaluation.
Once approved, Nest Capital MIC confirms and provides funding via our lawyer’s trust account.
The law firm completes registration and sends electronic and original copies of documentation.

Nest originates all of its mortgage applications through licensed mortgage agents and brokers across Ontario
Submit your mortgage file via Filogix, Velocity, or Lendesk

Lender Type: Private

Lender: Nest Capital MIC

Please note that we are open to developing new relationships with mortgage brokers and agents
Feel free to call us at anytime to discuss a new file

Although we are not tax accountants and we recommend that you contact your tax professional, we have answered this simply below
Returns are treated as interest income. Investors looking to invest via a cash account will receive a T5 statement of investment income.
Many investors also invest in a tax-free manner, such as TFSAs. You can also invest via RRSPs, RRIFs and other methods.