Looking for a passive way to earn real estate dollars?
Say 'Hello' to mortgage money, monthly.
Invest directly in mortgages while we take care of the work. Access higher interest rates and collect easy returns — with no renters to manage or leaks to fix.
~ 9.0%
Average Return Rate
$139M
Funded Mortgages
0
Losses to Date
Current Mortgage Inventory
Grade
Rate
Term Left
Property Use
Location
Available
Location
Scenic Acres Calgary, Alberta
Security
first
Property Use
Owner occupied
Weighted LTV
71.88%
Credit Score
669
Morcado ID
A5AA-WVPC-RKES
Rate
8.49%
Property Type
Detached
Renewal Date
September 6, 2025
Amount Available
$575,000.00 of $575,000.00
Owner Profile
Term - 12 months. Payments - Borrower to pay monthly. Position - 1st position. Exit Strategy - Borrower will obtain alternative or bank financing before the end of the term.
Location
N/A Thamesford, Ontario
Security
blanket
Property Use
Owner occupied
Weighted LTV
73.38%
Credit Score
732
Morcado ID
ZCY2-99AB-RQ3Y
Rate
8.74%
Property Type
Detached
Renewal Date
October 11, 2024
Amount Available
$547,800.00 of $645,000.00
Owner Profile
Our borrowers purchased a new build two years ago, but as the possession date approached, their circumstances changed. Their elderly parents required care, prompting the borrowers to move in with them. They sold their primary residence in March to facilitate this move.
With rising interest rates, the cost of the new home became less appealing. Additionally, Borrower 2 was off work due to an illness and wasn't back full-time by the closing date, making it impossible to qualify for a bank mortgage.
To avoid losing their down payment and to benefit from the increased equity since their original purchase, they opted for an interim loan. This loan was secured against this new property and their existing rental property, with three months' payments held back. Their plan is to close on the new build, convert it to a rental property, and then either refinance once Borrower 2 returns to full-time work or sell it within the three-month term.
This strategy allows the borrowers to preserve their large deposit and capitalize on the property's appreciated value.
Location
N/A Toronto, Ontario
Security
first
Property Use
Owner occupied
Weighted LTV
45.89%
Credit Score
627
Morcado ID
T42Z-CEVD-P5TL
Rate
8.74%
Property Type
Detached
Renewal Date
November 1, 2024
Amount Available
$498,600.97 of $725,000.00
Owner Profile
Term – 3 months
Payments – Prepaid
Exit Strategy - Another property the borrowers own has a firm sale for September 11, 2024. Plan to payout this loan from sale proceeds of this property.
Location
Rainbow Falls Chestermere, Alberta
Security
first
Property Use
Owner occupied
Weighted LTV
58.73%
Credit Score
646
Morcado ID
2498-CPXV-4JLK
Rate
8.74%
Property Type
Detached
Renewal Date
November 1, 2024
Amount Available
$293,088.63 of $370,000.00
Owner Profile
Term - 3 Months.
Payments - Prepaid.
Exit Strategy - Borrower plans to list and sell the home.
Location
N/A Etobicoke, Ontario
Security
first
Property Use
rental
Weighted LTV
45.45%
Credit Score
634
Morcado ID
5Q46-Z5B3-FCSP
Rate
8.49%
Property Type
Apartment
Renewal Date
August 21, 2025
Amount Available
$51,348.79 of $250,000.00
Owner Profile
Term - 12 Months. Payments - Held back, pre-paid for full 12 month term. Position - 1st Position on property. Exit strategy - Borrower will have 2 years filed tax returns for self-employment and should qualify at a bank at that time.
Location
Grantham St Catharines, Ontario
Security
first
Property Use
Owner occupied
Weighted LTV
50.94%
Credit Score
712
Morcado ID
39YK-ZC6C-VE8A
Rate
8.49%
Property Type
Detached
Renewal Date
December 1, 2024
Amount Available
$137,000.00 of $312,000.00
Owner Profile
Term - 3 months. Payments - Held back, prepaid for 3 month term. Position - 1st position. Exit Strategy - Borrower will obtain bank financing once divorce is finalized.
Location
N/A Scarborough, Ontario
Security
first
Property Use
Owner occupied
Weighted LTV
64.40%
Credit Score
644
Morcado ID
VQVH-98MU-4NR8
Rate
9.49%
Property Type
Apartment
Renewal Date
March 10, 2025
Amount Available
$334,961.52 of $351,000.00
Owner Profile
Term - 6 Months. Payments - Borrower to pay monthly. Position - 1st Position. Exit Strategy - Borrower to obtain bank or alternative financing before the end of the term of the loan.
Location
N/A Canmore, Alberta
Security
blanket
Property Use
Owner occupied
Weighted LTV
55.38%
Credit Score
625
Morcado ID
A989-T9J9-5YRP
Rate
9.49%
Property Type
Detached
Renewal Date
February 16, 2025
Amount Available
$469,824.50 of $856,694.65
Owner Profile
The borrower is an elderly woman who owns two properties in Canmore on main street with lots of equity. It is a prime real estate location that allows up to 26 units to be built on them. She is currently overseeing the final arrangements of her brother's estate who passed away just after she finished finalizing her husbands estate. She would like to stay in the home she has lived in for almost 50 years until the estate is all settled and she can decide where she wants to move to next. Given the significant appreciation in property values, she is optimistic about the continued upward trajectory of the market. Despite acknowledging the substantial outlay in rates and fees, she firmly believes that the appreciation in property values has more than offset these expenses, positioning her well ahead of where she would be if she had sold in the past few years. While the homes themselves are older, they are well maintained. However, builders will find these two parcels very appealing for the significant number of units allowed to be built on them. We held back 12 months of payments from the loan so the borrower can collect rent from the one unit, plus her pension, which more than covers her monthly obligations without having to worry about this mortgage payment.
Easy to invest. Use cash — or your RRSP, TFSA, or LIRA accounts.
You have options. Provide cash or transfer funds to a registered savings account with Morcado and start investing. You can decide where your monthly returns are deposited.
Get started with $10,000.
The sooner you start, the sooner you can access attractive rates and stable returns — becoming the lender to 'make bank' while we take care of the details.
Absolutely no trading fees.
You read that right. Unlimited, commission-free mortgage purchases, inside your registered investment account or out. Low annual fees — with no surprises.
For a limited time, we are waiving account setup fees. And all annual fees with a minimum $100,000 invested.
See fee schedule
Welcome to high-yield mortgage income.
Morcado Trust's innovative mortgage platform makes investing in mortgages more accessible and attractive for everyday investors — providing passive income returns to use how you wish.
We've taken our years of experience, stellar mortgage track record, and access to high-yield mortgage loans and opened it up for Canadians like you to take advantage of higher return rates compared to GICs or some MICs.
Mortgages available through Morcado can be an appealing choice if you're seeking interest income through real estate investing that comes without the landlord hassle. Direct mortgage investment can be a great way to complement your existing financial strategy, especially for medium or long-term goals.
Well, hello, money in your account monthly.
(While we take care of the behind-the-mortgage details.)
The key benefits of Morcado's direct mortgage investment platform:
- Higher returns than traditional mortgages. High-yield mortgage products are used by many Canadian homeowners and can offer higher rates for your investment dollars.
- More cash. We help you 'become' the lender for potentially less fees and more 'interest rate' in your pocket compared to other real-estate-based investments, such as some pooled MICs.
- Less stress. No properties or renter to manage. Fully funded and vetted, we don't offer a mortgage until it's put through our stringent process — over and above what it was subjected to for lender approval. All you have to do is build your mortgage portfolio based on your risk-reward preference.
- Better control. The rate you see on our platform is the return rate you get for that mortgage.
- Monthly payments. Your returns are typically set for the duration of the mortgages selected.
- Spend your passive income, or save it. Whether you invest through a registered savings account or a non-registered account, you can decide to use your returns or let them build up in your tax-sheltered vehicle.
- Hands free. We collect the mortgage payments, connect with the borrower, and manage the admin for you.
Disclaimer: Mortgage investment, like any investment, comes with certain risks. Learn more
Start earning passive income today.
Book a time that works for you. A Mortgage Investment Advisor will help you set up your account.
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