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Are you earning less than 7% on your RRSP …. or RESP, RRIF, LIF, LRIF, and LIRA?

Did you know you can be just like the bank – and get a higher rate?

You lend an investor, your money at a set rate of return. Your money is secured on safe, secure well selected Real Estate.

Most investors pay between 7 and 15% return on your money – depending on the loan to value.

Most normally pay a nominally 3.5% per year into your self directed RRSP account, and then pay a balloon payment at the end of the term.

It’s super easy to set up.  You just have to sign the forms. All the forms can be found at http://olympiatrust.com/plans/index.php.  Normally the borrower will meet with you with the completed forms (or fax or email). It will take you 15 minutes to review the forms,  sign, and then … start earning 7-10% on your RRSPs!

Here’s the Process:

1. Investor/Borrower has Client (you) Register for an Olympia Trust Account, using the PDF form – Registered Plan Application.
2. Investor has Client Direct Olympia to Transfer funds from existing RRSP service provider using the PDF form – Transfer Authorization.
3. Investor/Borrower  draws up the mortgage loan details with selected property using the PDF form – Mortgage Direction Undertaking.
4. Investor/Borrower  completes the Solicitor’s Certificate of Disclosure & Undertaking regarding Arms-length mortgages as investments in self-directed Registered Plans, using the PDF form Solicitors Certificate.

With the forms complete:

1. Investor/Borrower gets the first two forms to  account representative at Olympia Trust. There are currently three account representatives in Calgary.
2. Investor/Borrower gets the second two forms to chosen lawyer. 

Investor/Borrower work is done. Olympia Trust gets to work … and lawyer gets to work.

Investor/Borrower follows up with lawyer and Olympia Trust to ensure everything is okay.  If things go smoothly, investor/borrower can expect the cheque within 3 weeks of the client, signing the forms.