Mortgage Pools

Mortgage pools have been gaining in popularity over the years due to the attraction of high yields, limited involvement and diversification of risk.

A “mortgage pool” is a financial entity with assets comprised of trust deed investments. The pool is similar to a mutual fund, but instead of holding stocks and bonds, the fund holds trust deeds.

Vanguard Funding Corp. has created a mortgage pool specifically for California investors who want to invest in trust deeds secured by California real estate. The name of the investment is Vanguard Mortgage Investment, LLC. Our mortgage pool is comprised of only California first trust deeds.

Investors can now purchase shares of the Mortgage Pool with the minimum investment of $5,000. While many invest larger amounts, the initial investment is kept small to allow new investors to test the pool’s performance. The mortgage pool then lends money to borrowers for the purchase or refinance of properties. Borrowers then make monthly payments. Normally once a month the Mortgage Pool distributes the income (dividends) received, to its Members. Members then have the option to:

A: Receive monthly cash distributions in the form of monthly income.
B: Reinvest their distributions by purchasing additional shares of the fund.
C: Receive a portion of the distribution as income and reinvest the balance by purchasing additional shares.

Contact us to request an Offering Circular by mail or call us toll free at 1-800-427-1441.