Frequently Asked Questions

• A Mortgage Investment Corporation, managed by a Mortgage Administrator, is a provincially registered and licensed mortgage investment and lending company, that enables investing in a pool of mortgages. A Mortgage Investment Corporation provides its investors with interest distributions that are paid out.

• ​We have more than 22 years of combined real estate investing experience, as landlords and investing in residential mortgages.

• Since inception, Nest has provided 10% annual returns for our investors, paid monthly.

• Nest Capital principals are invested in the company and have skin in the game. We invest alongside you in a pool of carefully vetted mortgages.

• We will connect you to our registered exempt market dealer.

• A suitability assessment will be done with an exempt market dealer.

• The exempt market dealer will provide investment next step and funding instructions.

• Investor statements are sent out on the 15th of each month.

Can I invest using TFSAs, RRSPs or other ways?

• Prospective investors can invest individually or through their business.

• We accept cash investments and registered plans investments such as TFSA, RRSP, RRIF, LIRA, LIF, and RESP.

• To invest in Nest Capital MIC, an investor must purchase through a registered dealer:

  • Fundscraper Capital Inc. – Terence Cheng tc@fundscraper.com or 647-205-7484

  • TokenFunder – Alan Wunsche alan@tokenfunder.com or 647-964-9268

• Check out the link to our article here, or click here to watch our video to learn more about the differences between investing in an individual mortgage versus investing in a pool of mortgages!

• When we receive a file from a mortgage broker or agent, we evaluate the paperwork and appraisal. We do not accept any files with paperwork deficiencies.

• Once we have examined the paperwork, it is reviewed by our underwriting committee to determine suitability, funding requirements and questions for follow up.

• The file is then sent to one of our real estate lawyers to obtain a full legal evaluation.

• Once approved, Nest Capital MIC confirms and provides funding via our lawyer’s trust account.

• The law firm completes registration and sends electronic and original copies of documentation.

How can I submit a mortgage file to Nest?

• Nest originates all of its mortgage applications through licensed mortgage agents and brokers across Ontario

• Submit your mortgage file via Filogix, Velocity, or Lendesk 

      Lender Type: Private 

      Lender: Nest Capital MIC

• Please note that we are open to developing new relationships with mortgage brokers and agents

• Feel free to call us at anytime to discuss a new file

• Although we are not tax accountants and we recommend that you contact your tax professional, we have answered this simply below

• Returns are treated as interest income. Investors looking to invest via a cash account will receive a T5 statement of investment income.

• Many investors also invest in a tax-free manner, such as TFSAs. You can also invest via RRSPs, RRIFs and other methods.