Welcome to the EquityLine MIC
Welcome to the EquityLine Mortgage Investment Corporation or MIC. Our MIC is a way for people to come together and invest in real estate to an amount that best suits their individual financial plan. How is this accomplished? The accumulated pool of money is invested in carefully selected mortgages backed by real estate properties. The interest from those mortgages is paid to investors in the form of a monthly dividend. Unlike most MICs, EquityLine’s dividend is a fixed* 8.00% annual rate of return versus a targeted annual return. Simple. Well rewarded. Efficient.
Monthly Dividends for Private Market Investors
EquityLine provides qualified investors an opportunity to generate a stable monthly dividend though a purchase of Series B shares in the EquityLine Mortgage Investment Corporation. These shares deliver an 8.00% annualized fixed rate* of return, paid monthly, for as long as the purchaser remains invested.
Investors who purchase these shares participate in a pool of 1st and 2nd mortgage investments on prime urban residential properties in the Southern Ontario region of Canada.