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September 21, 2017
9:51 am
CHUCK21
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Forum Posts: 63
Member Since:
December 7, 2016
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HAS ANYONE GOT ANY EXPERIENCE WITH ROMSPEN?

November 7, 2017
11:47 am
dentgal
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Forum Posts: 211
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October 11, 2015
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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
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Forum Posts: 63
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December 7, 2016
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THANKS FOR INFO DENTGAL

April 13, 2020
8:52 pm
Bud
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Forum Posts: 1375
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February 20, 2018
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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.

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