A True North Mortgage Company
Morcado™ joins the True North ranks in offering Canadian mortgage innovation.
True North Mortgage has helped you save money on mortgages and now brings you Morcado™ — a first-to-market innovation — to help you build wealth through mortgages.
Morcado is a fintech mortgage investment platform. It's backed by True North's exceptional reputation for technological development and client service, its team of salaried mortgage brokers, and a strong mortgage underwriting and servicing history through in-house lender THINK Financial.
Morcado allows everyday Canadians to select and invest directly in qualified syndicated mortgages (aka residential, non-commercial property mortgages with multiple participating lenders), previously only available to private investors.
Morcado investors can self-direct their investment in real estate where the behind-the-mortgage work is thoroughly managed.
The investor becomes a lender like a bank. Investment amounts are applied to the mortgages selected and generate interest-rate returns — like a bank.
Attractive, fixed, passive income is received monthly without tenant hassles or private-lending headaches.
Currently, the fully funded and vetted mortgages offered on the Morcado platform are high-yield, short-term financing products, meaning they carry higher rates than traditional mortgages.
Its secure investment infrastructure allows flow-through of the income generated for your higher returns, with no trading fees and a low annual fee.*
Morcado is a supporting member of the Responsible Investors Association (RIA), believing in creating a positive social impact by providing access to non-traditional mortgage solutions at fair market rates.
*All investments come with certain risks, as do mortgages available on the Morcado mortgage platform. Morcado adheres to strict requirements and regulations in offering and managing mortgages for investment. Contact a licensed Morcado Mortgage Investment Advisor for more details.
Learn more on the Morcado website.