KING CAPITAL
MORTGAGE INVESTMENT CORPORATION
King Capital Mortgage Investment Corporation is a Mortgage Investment Corporation established December 2016, to take advantage of the mortgage lending landscape. Mortgages are primarily first and second mortgages with interest only payments for a term of 1 year or less. Our principals collectively have more than 100 years’ experience within the Financial Services Industry including Private Lending, Real Estate Sales, Mortgage Brokering, Banking and Property Management.
For more information, please contact your licenced Dealing Reporesentaive. If you do not have a licenced Dealing Representative, please contact us and we will refer you to a local representative who can discuss our offering and applicable suitabilty.
INVESTOR INFORMATION:
| Minimum Investment | $5,000 |
| Share Price | $1.00/share |
| Target Yield | 8.00% per annum* |
| Redemption Notice | 60 days |
| Mortgage Manager | Regal Management Inc. |
MORTGAGE DISTRIBUTION:
83%
GREATER TORONTO AREA (GTA) & surrounding areas
7%
South Western Ontario
10%
Eastern Ontario
PORTFOLIO OVERVIEW:
- Invest primarily in residential first and second mortgages
- Over 90% of the portfolio are owner-occupied homes
- Average mortgage loan amount is $403,977.10
- Average Fund Loan-to-Value (LTV) 60.54%
LOAN-TO-VALUE (LTV):
- >75.1%
- 65.1%-70%
- >50%
- 50.1% - 65%
- >70.1%-75%
| Year | Month | Dividend Rate* | Annualized Return |
|---|---|---|---|
| 2017 | Nov - Dec | 0.666 | 8% |
| 2018-2020 | Jan - Dec | 0.666 | 8% |
| 2021 | Jan - Dec | 0.666 | 8% |
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