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Mortgage Pool Offering
Please contact our marketing department if you are interested in this offering or fill out the information below and we will be glad to send you the information when it is available.
E-mail: marketing@sundanceinvestments.com
Sundance offers a "Mortgage Pool" similar to a mutual fund whereby the investor purchases "Shares" in the "Pool" of trust deed investments secured by different property types, with different maturities and yields. Sophisticated investors may purchase membership interests in the Pool for $1,000 a Share, with an initial minimum investment of $25,000 or more. A larger number of loans made by the Pool reflect greater diversity with lower risk. The annualized yield will reflect the average yield of all the loans in the pool.
Investor benefits include, but are not limited to, the following:
1. "No Front End Load" - 100% of your capital is invested with no selling commissions "going in" or "coming out".
2. A diversified portfolio of loans to reduce the risk that cash available for distribution to the Members would be adversely affected by one or more loans not performing as scheduled.
3. Cash distributions. You may choose to receive monthly distributions of income, OR reinvest your distributions by acquiring additional Shares.
4. Sundance will act as the Manager for SFI. Duties will include, evaluating and choosing the loans for the pool; servicing the loans; collecting payments; managing the assets of the company; handling distributions to the Members; and maintaining all accounting records for the company.
5. Withdrawal of your capital. Investors will have an option to withdraw their capital (i.e. redeem Shares) from the pool, after 30 months.
Property types, borrower credit, and loan-to-value ratios are similar to the individually placed trust deeds investment offerings you are more familiar with. This program provides greater flexibility and diversity without sacrificing the yield. You won't have to analyze each trust deed investment; worry about getting paid off early; or wait for a new opportunity.
Our loan servicing department will service the loans made by the pool. Once a month, our specialized software program will calculate your respective share of the cash available for distribution, from the loan payments collected, and forward it to you.
The term of the pool is 10 years with a 5 year option to extend, however, you may elect to withdraw your money (i.e. redeem Shares) after 30 months, if you so desire.
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