
Our mortgage portfolio primarily comprises of residential mortgages secured by real property in Canada to generate stable income while preserving investment capital for both individual and institutional investors. Since inception RESCO MIC has been generating a consistent rate of return of 8% per annum. Dividend is payable monthly or you can choose to re-invest the dividend for purchasing additional shares.
Services
The Team
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David graduated from university in 1975 and had 8 years of Management Accounting experience with one of the largest company in Hong Kong. Immigrated to Canada in 1984 with his family and started the financial career mainly in managing and agency building with Insurance companies. In 2000, David started his own brokerage company, Torce Financial Group mainly marketing and distributing products in the Insurance and Wealth Management industry.
Community
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We believe that access to food is a basic human right, not a privilege. No one should go hungry. We believe that no one should face barriers in accessing food. To help ending poverty and hunger in our communities, RESCO Mortgage Investment Corporation organized a Food Drive during the holidays season in December and able to collect and donate over 500 pounds of food for the Daily Bread Food Bank.
Testimonials
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I just wanted to say thank you for always conducting your work with the highest level of knowledge and professionalism, and without question integrity. Having these qualities in yourselves as individuals and in your business, it is no surprise that RESCO has grown exponentially and I'm excited of what's to come.
Risk Management
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We evaluate the credit worthiness of potential borrowers by incorporating both qualitative and quantitative measures. Our mortgage portfolio primarily comprises of residential loans secured by first or second mortgages. The total mortgage amount will not exceed 85% of the most recent of the property valuation.
Investor FAQ
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The following is a summary of some of the most frequently asked questions. However, prospective investors should refer to the Offering Memorandum for complete details of the Offering prior to making any investment decision. Dividend Reinvestment Plan is a plan offered by a corporation that allows investors to reinvest their cash dividends by purchasing additional shares or fractional shares on the dividend payment date.
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