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What Is A Mortgage Investment Corporation?

A mortgage investment corporation takes property as security in order to lend money while charging an interest rate.

Understanding How Mortgage Investment Corporations Work For And Benefit You A Mortgage Investment Corporation (MIC) is a company that specializes in mortgage lending in Canada. These companies take property as security to lend money and charge an interest rate. They allow shareholders to take part in a non-taxed flow investment which comes from the redistribution […]

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