ROMSPEN | General comparisons | Discussion forum

Please consider registering
guest

sp_LogInOut Log In sp_Registration Register

Register | Lost password?
Advanced Search

— Forum Scope —




— Match —





— Forum Options —





Minimum search word length is 3 characters - maximum search word length is 84 characters

sp_Feed Topic RSS sp_TopicIcon
September 21, 2017
9:51 am
CHUCK21
Member
Members
Forum Posts: 63
Member Since:
December 7, 2016
sp_UserOfflineSmall Offline

HAS ANYONE GOT ANY EXPERIENCE WITH ROMSPEN?

November 7, 2017
11:47 am
dentgal
Member
Members
Forum Posts: 159
Member Since:
October 11, 2015
sp_UserOfflineSmall Offline

I've had money with Romspen for many years.
Very consistent rates of return--7-8%.
I have a fair bit of money there.
My ScotiaMacleod guy called me last week that he is somewhat worried about their numbers and he wanted me to pull everything out of there. I took a bit out--but they have been so consistent over all these years. Even when the market tanked, they kept performing.
**during the big market downturn, you couldn't pull your money out--perhaps in small amounts. It didn't matter to me, but for some people, this lack of liquidity could be an issue.

January 20, 2018
9:08 am
CHUCK21
Member
Members
Forum Posts: 63
Member Since:
December 7, 2016
sp_UserOfflineSmall Offline

THANKS FOR INFO DENTGAL

April 13, 2020
8:52 pm
Bud
Member
Members
Forum Posts: 1154
Member Since:
February 20, 2018
sp_UserOfflineSmall Offline

Romspen is sorta the gold standard in private mortgages they suspended redemptions. R most of their mortgages firsts. How does their portfolio compare to say HomeCapital.

Please write your comments in the forum.