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Investor Presentaiton

AMUR CAPITAL ryanmortgage TERMINOLOGY MIC: Loan-to-Value: Mortgage Investment Corporation ("MIC") as defined by the Canadian Revenue Agency (CRA). Loan-to-value ("LTV") is the primary risk metric in the mortgage industry. It represents the total loans owing divided by the value of the property (at the time the mortgage was issued). For example, assume a client has a property worth $750k. The same client has a 1st mortgage of $300k and a 2nd mortgage of $100k. The LTVs would be as follows: Loss Provision: Annual Return: 1st Mortgage LTV: $300,000 $750,000 = 40.00% 2nd Mortgage LTV: ($300,000+ $100,000) = 53.33% $750,000 The annual amount of profit held back in order to protect the portfolio from future losses. Always net to shareholder (i.e. after our financial services fee). 16
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