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broker news Archive - aroi MIC

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Aroi Helps: A Case Study. Current Offering Documents (2015). Archive for the ‘broker news’ Category. July 22nd, 2013. Marketable home in small town Nova Scotia. Installed our second mortgage behind one of the big five banks. Proceeds paid down credit card debt. Credit score will rebound over 6 to 12 months. Majority of second mortgage will be repaid through refinance by First Mortgage Lender when credit is suitable. July 22nd, 2013. Large home in a small Nova Scotia Town. 1 year term on less than $40k.

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Brokers - aroi MIC

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Aroi Helps: A Case Study. Current Offering Documents (2015). Don’t work for free! Please sign up for our commission plan today:. Aroi Management HR form. If you are not an equifax member you will need the following forms completed by your client to properly submit a file:. Aroi quick mortgage application. Aroi consumer consent form. Speak directly with Aroi’s underwriters to discuss your client’s situation and obtain a reliable opinion on the likelihood of an approval. 902 365-1100 - Phone.

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Corporate Structure - aroi MIC

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Aroi Helps: A Case Study. Current Offering Documents (2015). The family of Aroi companies is comprised of two corporate entities:. Aroi Mortgage Investment Corporation Inc. In return for compliance with a number of rules stipulated by section 130.1 of the Canadian Income Tax Act, Aroi Mortgage Investment Corp Inc. (The MIC) is exempt from corporate income taxation. The rules are as follow:. Shares of the company must be widely held by no less than 20 investors. All owners must hold the same classes of sh...

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Governance - aroi MIC

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Aroi Helps: A Case Study. Current Offering Documents (2015). Director Independence has become an important indicator of Board effectiveness. Aroi’s Board of Directors is comprised of five directors, three of which are independent, and not involved in any of the day to day operations. This maintains a healthy balance of control between the senior management team and the Board. Tom Busch – President and Director. Matthew Hennigar – Chair and Vice President. Kim Connell – Director since 2011.

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Pension Account Instructions - aroi MIC

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Aroi Helps: A Case Study. Current Offering Documents (2015). We are pleased to announce that Canadian Western Trust. Has approved aroi Mortgage Investment Corp for inclusion in the following self directed investment accounts: RRSP, TFSA, RIF, LIRA, LRIF and LRSP. Inclusion of your aroi investment in a LRSP, LIRA, LRSP is accomplished with the following steps:. 1) Open a Self Directed Registered Retirement Savings Plan with Canadian Western Trust by downloading this form:. Suite 600 -750 Cambie Street.

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TFSA instructions - aroi MIC

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Aroi Helps: A Case Study. Current Offering Documents (2015). We are pleased to announce that Canadian Western Trust. Has approved aroi Mortgage Investment Corp for inclusion in the following self directed investment accounts: RRSP, TFSA and RRIF. Not sure if a TFSA is the best way to structure your investment in aroi? The CRA provides everything you need to know. Inclusion of your aroi investment in a TFSA is accomplished with the following steps:. For a sample guide on how to complete this form. 8211; P...

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Current Offering Documents (2015) - aroi MIC

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Aroi Helps: A Case Study. Current Offering Documents (2015). Current Offering Documents (2015). The 2015 Offering of Shares. When you invest in Aroi your capital is secured, at attractive coverage ratios, by Mainland Nova Scotia based properties far from the looming MTV Real Estate value bubbles (Montreal, Toronto, Vancouver). What you should know before investing:. As with every business, there are risks, please review the Offering Memorandum for an overview. 1-902-681-1100) or Matthew Hennigar. Partial...

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Financial Results - aroi MIC

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Aroi Helps: A Case Study. Current Offering Documents (2015). Date of Incorporation: March 28, 2011. Year End: March 31. Capitalization: $3.3 million (march 24, 2016). Recognized Agent: Patrick Fitzgerald. Of Cox and Palmer. Auditor Contact: Sarah Veinot. Of WBLI Chartered Accountants. Geographic lending area: Mainland Nova Scotia. Jurisdiction eligible for investment: Nova Scotia, New Brunswick and Ontario. Audited Financial Statements Since Incorporation:. 902 365-1100 - Phone. 866 496-1100 - Toll free.

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Aroi Helps: A Case Study - aroi MIC

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Aroi Helps: A Case Study. Current Offering Documents (2015). Aroi Helps: A Case Study. To properly compare apples to apples one must look a borrower’s whole financial picture:. Home valued at 100k. Visa, mastercard, etc. totaling $15k @ 29.99 percent ($4498/year interest charge). Cell phone and old credit card in collections totaling $2k. Very few lenders will write a mortgage for a credit score below 600 nor will they permit proceeds of the Mortgage to pay out arrears income tax and other similar debts.

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investor news Archive - aroi MIC

http://mic.aroi.ca/category/news/inews

Aroi Helps: A Case Study. Current Offering Documents (2015). Archive for the ‘investor news’ Category. June 18, 2014 update. August 15th, 2014. June 18, 2014. After expenses we enjoyed a 12.3% income on the average shares outstanding throughout the year, with a 2% Dividend declared at the year end. Consequently, this brings the total dividend paid to investors for the 2013/2014 fiscal year to 10%. Our recently hired business development lead will continue to improve aroi’s market presence through regular...