Vario Mortgage Corp

Providing alternative mortgage lending to Canadians utilizing cutting edge technology.

  • Stage Full Product Ready
  • Industry Financial Services
  • Location Hamilton, ON, Canada
  • Currency CAD
  • Founded January 2017
  • Employees 1
  • Incorporation Type C-corp
  • Website variomortgage.com

Company Summary

The company will utilize the Mortgage Investment Corporation facility to accept investor deposits and deploy those funds into residential mortgages. The goal is to provide a 7%+ return to investors paid monthly in exchange for their deposits into the corporation. The MIC structure in Canada allows for a very tax efficient model as the Corporation pays no taxes as long as all dividends are dispersed yearly.

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