Iron Funding Mortgage Investment Company.
At the heart of London, Ontario, Iron Funding is more than just a financial institution. We are a legacy, a testament to decades of expertise and dedication in the mortgage landscape. Our mission is to offer investors a chance to delve into a profitable residential mortgage portfolio while equipping brokers with innovative mortgage solutions.
What is a MIC?
A Mortgage Investment Corporation (MIC) is a unique investment entity, tailored for mortgage lending, primarily in the residential sector. By investing in Iron Funding, you’re not just acquiring shares; you’re becoming part of a robust, diversified, and secured mortgage pool. Governed by Section 130.1 of the Income Tax Act, MICs are designed to be flow-through entities, ensuring that all taxable income is distributed as dividends to shareholders. This structure allows investors to benefit from the lucrative mortgage business, akin to how mutual funds operate in the investment world.
Our Mission
In 2018, Iron Funding emerged from a collaboration between seasoned mortgage professionals in London, ON, laying the foundation for a new era in mortgage solutions. Since our inception, we’ve grown from a local entity to a renowned name, with a presence spanning across Canada.
We deeply understand the aspirations of our clients, crafting tailored mortgage strategies that not only resonate with their financial goals but also stand the test of time.
Empower through Knowledge: Equip our clients with the insights they need to make informed decisions.
Unwavering Commitment: Consistently deliver results that exceed expectations.
Build Lasting Relationships: Foster trust and transparency in every interaction.
Innovate Continuously: Stay ahead of the curve, offering the latest in mortgage solutions.
Champion Financial Growth: Drive strategies that ensure prosperity for our clients and stakeholders.
Our Approach Crafting Tailored Mortgage Solutions with Transparency
Our Winning Model: We believe in creating a win-win scenario for all stakeholders.
Borrowers
Whether you have impeccable credit, are new to Canada, or face financial challenges, we have mortgage alternatives tailored for you.
Borrowers
Whether you have impeccable credit, are new to Canada, or face financial challenges, we have mortgage alternatives tailored for you.
Investors
Our shareholders enjoy secure and consistent interest payments from a well-managed MIC.
Our Process
Iron Funding thrives on simplicity and efficiency. We raise capital by selling preferred shares to discerning investors. These funds are then meticulously pooled and lent to eligible mortgage borrowers. The resulting interest income, or the net profits, are equitably distributed amongst our shareholders.
The Pillars of Iron Funding Our Partners
Our partners are more than just leaders; they’re visionaries. Their combined expertise and dedication have been the driving force behind Iron Funding’s success, shaping our journey and defining our legacy.
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Ken Roberts
Vice President, Director -
Dani Hanna
Vice President, Director