Angry Mortgage SPECIAL GUEST NICK KYPRIANOU | EP. 121
May 13, 2025
In this engaging discussion, Nick Kyprianou, a top equity lender in Canada and president of RiverRock Mortgage Investment Corporation, shares his deep insights into the evolving mortgage landscape. He dives into the challenges of private lending, emphasizing responsible practices and market dynamics. Nick reflects on real estate lessons from past economic turmoil, compares urban and suburban living trends, and analyzes Toronto's current market opportunities. He also explores how automation impacts traditional industries, highlighting significant economic implications.
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Nick's Mortgage Career Journey
- Nick Kyprianou started in underwriting and rose to president at Home Trust before founding RiverRock Mortgage.
- He began RiverRock with just one employee and grew it into a leading mortgage investment corporation in Ontario.
Private Lending Requires Real Estate Discipline
- Alternative lending is structured private money reliant on real estate discipline and process.
- Attention to property type, value, and region minimizes risks in this specialized market.
Lend on Simple Residential Properties
- Focus lending on residential homes like detached, semis, and townhouses instead of commercial or construction.
- Cookie cutter subdivisions are easier to evaluate and sell if problems arise.