Investors may wish to hold an arms-length mortgage as an investment within their portfolio. With returns typically higher than GICs of comparable term, many investors view Self-Directed Mortgages as an attractive asset, providing higher returns in exchange for the additional risk.
B2B Bank Dealer Services acts solely in the capacity of administrator of the RRSP account, and does not assess the quality of assets held in the account. Investors are responsible, working with qualified and independent legal, tax, and financial planning professionals, for determining the credit worthiness of their borrower, evaluating the value of the underlying property, and acquiring other necessary information to make an informed decision. As with all investments, holding a mortgage asset is not without risk.