What We Do
Lexxco Mortgage Investment Corporation specializes in the creating of CMO’s (Collateralized Mortgage Obligations committing title as security). The company is comprised of offices in the GTA, with other offices scheduled to open in 2009: B.C., Quebec, New York, Maryland and Washington D.C
Lexxco investors have been able to continuously benefit from Lexxco's professional outlook and the fact that we are an equity based lender always provides a certain level of mortal security.
Lexxco has a successfully uncovered market niche where we can maximize safety and at the same time not impact our investor.
As with bank mortgages, all documentation, mortgage and related security registration and disbursements of funds are prepared and handled by a lawyer to protect the investors.
Syndicated Mortgage
Investors/Lenders Cooperating as “Co-lenders” with Lexxco have the ability to access hundreds of professionally managed real estate, mortgage investment opportunities that provide short, medium and long term real estate investments that are: safe, dependable and high yielding, with the added security of tangible real estate assets. Mortgages as investments can qualify for the Deferred Income Plans like RRSP’s and are for individuals and fund managers alike that want the safety and security of investing in real estate, without the hassle of owning real estate , truly the best of all worlds. The Banks, Trust Companies as well as Insurance Companies share the same view, e.g. CMHC and GE Capital.Traditional institutional lenders like the Banks are basically long-term lenders, preferring to lend against completed projects rather than against real estate in the early development or construction stages. Private mortgage lenders fill the much needed gap. Furthermore, traditional lenders have extremely fixed and rigid lending criteria developed as policy for all loans regardless of merit or requirements, whereas private mortgage lenders have the ability to meet the special needs of the qualified borrowers without sacrificing security on enhancing risk.
Mortgage investments have characteristics that are often associated with GIC’s issued by financial institutions, but have superior yields. Typically, such investments arranged through Lexxco have the following attributes:
Mortgage investments have characteristics that are often associated with GIC’s issued by financial institutions, but have superior yields. Typically, such investments arranged through Lexxco have the following attributes:
• Dependable & Consistent Returns: Returns paid monthly, quarterly or at yearly intervals which can vary, e.g. at one, three or five years.
• High Yielding: Rate of return is targeted at 500 base points above the market
• Safe: Investments are secured by tangible real estate and are not impacted by the unstable environment and volatility of the stock market
• Mortgage Investment Diversification: Investments are diversified, in Ontario and surrounding prosperous communities of the typical CMHC or GE Capital insured mortgage type.
• Tailored Investment Returns: Choose from first or second mortgage opportunities.
• Professional Management: Lexxco management has in excess of 122 years of combined experience in the real estate, mortgage financing, construction, development and legal fields. Our underwriters, statisticians and analysts have instituted an optimum level of due diligence surrounding every project prior to funding.
• Deferred Income Plans ( RRSP/ RRIF): Lexxco products can be held in a self directed RRSP, RRIF or LIRA.
• Real Time Reporting: Hourly, weekly and monthly statements are available to keep investors up to date on their investments at our web site.
• Choices of Income Stream: Deposited monthly, annually or upon maturity, directly into your bank account, or registered saving account. Income can also be held until the end of a yearly period, (e.g. 1, 3 or 5 years), with all income paid out at the selected time, the choice is yours.
• Income Re-Investment: Monthly income can be rolled back into an investment to augment returns.
Mortgages offer an easy way to add real estate to any investment portfolio. A proven wealth builder, real estate is much less volatile than the stock market providing consistent returns and stable security for investors. Monthly payments to mortgages make them an ideal tool to generate consistent monthly income for immediate use, or as cash in a portfolio.
For any investment of RRSP/RRIF/LIRA portfolio, mortgage investments are a great alternative to traditional fixed income options such as bonds or GIC’s. Mortgage investments through Lexxco are short, medium and long term to provide superior returns. All investments are secured by real property and can pay monthly income. Lexxco is for those investors looking to improve their fixed income returns, as well as to remove themselves from the volatility of stocks, bonds, and to align themselves with safety, as well as security. Investments from Lexxco offer above average returns associated with real estate and the knowledge that your money is backed by real property.
Contact Us
924 The East Mall Suite 300
Toronto,Ontario,Canada
M9B 6K1
Phone: 1.877.879.6753
Fax: 416.621.3092
Map