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What is a MIC?

Dolphin Enterprises industry related experience and years of managing MICs allows us to provide a consulting service to brokers and people wanting to start a MIC but do not know where to start. Our implementation department has over 10 years experience managing all the data for MICs and as such has knowledge of security regulatory requirements and suggestions for ease. In addition to the MIC specific software to assist in the direction of your MIC, our consulting division assists in organizing your entire corporations. Please call us 604-685-6721 or email us at shannon@dolphinent.com for more information.

MICs:

  • Are investment pools that have been growing in number exponentially.
  • Provide alternative financing for mortgage lending such as bridge financing and construction loans.
  • Must meet certain requirements and receive tax incentives.
  • Provide an excellent and consistent returns to investors.
  • Require extensive data management and calculations.
  • Require management for Compliance

More Information:

Mortgage Investment Corporation wikipedia entry.
Ten Top Tips for MICs, as published in the Summer 2010 edition of The BC Mortgage Broker magazine.
MICs: Make Money on Debt, an article published by moneysense.ca.
WATCH: Canada Mortgage and Housing Corporation announces new rules, an article published by globalnews.ca.

609-850 West Hastings Street, Vancouver, BC V6C 1E1 | office (604) 685-6721 | For inquiries, contact Shannon Dolphin: shannon@dolphinent.com
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