A Mortgage Investment Corporation (MIC) is an investment and lending company.

MICs invest in mortgages.

Typically, a borrower might be someone who has significant equity in real estate but has a difficult time showing cash flow in a conventional manner. Instead of borrowing from a bank, this type of borrower will pay a higher rate of interest in order to secure a mortgage from a MIC. This type of lending has long existed, but investing in MICs has only recently opened up to retail investors.

Scroll to Top