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INVEST

It’s easy to get started investing in private mortgages with Magnetic.

Just follow these 3 simple steps

STEP 1

FREE Consultation

Book your FREE consultation with a licensed private mortgage specialist now!

In this 30-minute phone call (or virtual meeting) you’ll get answers to all of these questions and more!

  • What is the minimum investment amount?
  • How long is the investment commitment?
  • What should you expect to earn every year?
  • How long will it take to get your money invested?
  • Can you use your RRSPs or TFSA to invest?
  • How will you get paid?
  • How does Magnetic determine which borrowers to approve?
  • What happens if a borrower doesn’t make their payments?
  • What would have to happen in order for you to lose money?

STEP 2

Orientation

Once your consultation is over, we’ll send you a complimentary copy of our behind-the-scenes orientation video to watch on your own time.

We’ll also send you copies of all the legal documentation we use to formalize an investment on your behalf so you can review it before you decide whether or not to become an approved Investor with Magnetic.

The orientation video will walk you through the specifics about all of the following.

  • How we source borrowers on your behalf.

  • The scoring system we use to vette each application and identify the highest quality investment opportunities.

  • What’s involved in the day-to-day management of each loan you participate in.

  • How the enforcement process works and how we prepare ahead of time to ensure we’re ready to navigate it efficiently on your behalf if necessary.

The legal documentation you receive will include the following.

  • A sample of the mortgage commitment that a Borrower would sign when a loan is offered to them by Magnetic plus all applicable schedules and disclosure forms.

  • A sample of Magnetic’s Investor servicing and participation agreement together with all schedules, waivers and addendums.

STEP 3

Onboarding

The last step in the process is to officially onboard with the brokerage as an approved Investor.

Once you’ve completed the consultation and had a chance to review the orientation materials all you have to do is email or call us and let us know you’re ready to get started.

From there, our Investor Services team will make it easy to get your account set up and place your first order.

Your order will be placed in priority sequence based on the date it is placed and when we are ready to fill it, you’ll be notified by email.

When you receive an invitation to participate in a private mortgage investment via email, the work of vetting it will have already been done for you. All you have to do is say “yes” and within days your money will be earning interest every day!

Here’s what Canadian investors have to say about their Magnetic experience.

Once I learned everything that goes into sourcing, vetting, and managing private mortgages I came to appreciate how valuable the service Magnetic provides is. They don’t just do the work though; they teach you exactly what they’re doing so you never feel like you’re just handing your money to a stranger and hoping for the best. They don’t just understand mortgages. They understand service.

Nathan, Toronto

Security and consistency. That’s what Magnetic is all about. I used to think I needed to chase higher returns, but my Magnetic experience has taught me that I can get there sooner making a consistent 8-10% and they deliver it month in and month out with no hassles and I never worry. Amen.

Ann, Ottawa

Magnetic never makes a promise they can’t keep. Every opportunity is high quality, the collateral is always excellent, and they take care of everything at no cost. I don't know how they do it but they never deduct a penny from my interest. The team is so knowledgeable and helpful at every stage, and I never feel like just another customer. It’s an amazing thing they’ve built here.

Josh, Hamilton