At Saint our exited properties and our current properties have paved the way for your current opportunity: Our Income Fund.
The Saint Income Fund is a residential mortgage fund designed to provide monthly income for investors secured by real estate assets in suburban markets across the United States. The fund purchases and owns a diversified portfolio of income-producing mortgages purchased at a discount, allowing us to generate above market returns for our investors.
Our Legacy Portfolio: 7 Exited Properties
Our Legacy Portfolio: 12 Current Properties
Why The Saint Income Fund? Why Now?
Asset Performance is at an All-time High
80% of mortgages in the country are locked in at 3%-4% interest rates and asset performance is at an all-time high with foreclosures being very low. We buy mortgages attached to single-family homes. 80% of these loans prove to be very boring, not newsworthy and paid on time. It is almost fortress-like.
What if a Mortgage Goes into Default?
Right now, the average mortgage has 30% - 40% equity and our average note is $400,000. This puts us in a great position if a loan should default.
People Are Highly Motivated to Pay On Time
Rates have gone up so drastically (7% -8% and more) that with 80% of the market locked in at 3 to 4% rates, most people have no interest in selling and moving because they literally cannot find a similar deal so they do not want to miss payments and possibly lose their amazing deal.
Decades of Consistent Returns Ahead
Most of these loans have decades ahead of them, some with 20 years remaining on their mortgages. How we invest in the secondary mortgage market gives us decades remaining with consistent, ongoing, and dare we say, boring stabilized returns.
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Our dedicated Investor Success Team Member, Luc, is standing by to help simplify your real estate investing process.