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Invest in the Integrity Income Fund with Your SDIRA | Labrador Lending
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Tax-Advantaged Investing

Grow Your IRA with Passive Income from Mortgage Notes

Use your Self-Directed IRA or Solo 401(k) to invest in the Integrity Income Fund — and earn 8–10% targeted annual returns in a tax-advantaged account.

Invest in the Fund → How It Works
8–10% Targeted Annual Returns
$25K Minimum Investment
Monthly Distributions
Zero Missed Distributions Since June 2022
Key Terms Explained

What You Need to Know

New to self-directed IRAs or mortgage note investing? Start here. These are the core concepts that make tax-advantaged alternative investing possible.

Foundation
Self-Directed IRA (SDIRA)

A type of Individual Retirement Account that allows you to invest in alternative assets beyond stocks and mutual funds — including real estate, private lending, and mortgage note funds. You control where your retirement dollars go, guided by an IRS-approved custodian.

Account Type
Traditional SDIRA

Contributions may be tax-deductible, and your investment grows tax-deferred. You pay taxes when you withdraw funds in retirement. This is ideal if you expect to be in a lower tax bracket later.

Account Type
Roth SDIRA

Contributions are made with after-tax dollars, but qualified withdrawals in retirement are 100% tax-free — including all your investment gains. A powerful option for long-term compounding in alternative assets.

Account Type
Solo 401(k)

A retirement plan for self-employed individuals and small business owners with no full-time employees. Allows higher annual contribution limits than an IRA and can also be self-directed to invest in alternative assets like the Integrity Income Fund.

Core Concept
SDIRA Custodian

An IRS-approved financial institution that holds your SDIRA assets and processes transactions on your behalf. Custodians for self-directed accounts specialize in alternative investments and are required by law — you choose your own. See our directory below.

The Investment
Integrity Income Fund

A mortgage note fund managed by Labrador Lending. Accredited investors can invest directly through a self-directed IRA, pursuing 8–10% targeted annual preferred returns with monthly distributions — all within a tax-advantaged account.

The Opportunity

Most IRA Holders Don't Know They Have Options

Trillions of dollars are sitting in retirement accounts — mostly in mutual funds and equities. Self-directed IRAs open the door to something different.

$18.9T
In U.S. IRA Assets
As of Q3 2025 — IRAs are the single largest category of U.S. retirement savings. Most of it is in mutual funds.
58M
U.S. Households Own IRAs
Yet most have never heard of a self-directed IRA — or that they can use retirement funds to invest in alternatives like mortgage notes.
34%
of All Household Financial Assets
Retirement savings represent over a third of U.S. household wealth — a massive pool that can be self-directed into alternative assets.

The bottom line: A self-directed IRA lets you put those retirement dollars to work in assets you actually understand — like mortgage notes — while keeping all the tax advantages you already have.

Sources: Investment Company Institute, Quarterly Retirement Market Data Q3 2025; ICI 2025 Investment Company Fact Book.

Step-by-Step

How to Invest in the Fund with Your SDIRA

The process is simpler than most people expect. Here's how it works from start to your first distribution.

Start the Process →
01

Choose Your Account Type

Decide between a Traditional SDIRA (tax-deferred), Roth SDIRA (tax-free growth), or Solo 401(k) based on your tax situation and retirement goals.

💡 Consult your tax advisor on what's right for you
02

Open an Account with an SDIRA Custodian

Choose a custodian from our directory below. Many of our investors have already used the custodians at the top of that list, so they're familiar with mortgage note fund investments.

03

Fund Your Account

Move money into your new SDIRA via rollover from a 401(k) or existing IRA, a direct transfer from another custodian, or a new annual contribution.

04

Complete Labrador Lending's Investor Form

Reach out to our team and complete the investor onboarding paperwork. We'll coordinate with your custodian directly to make this smooth.

05

Custodian Sends Funds — You Start Earning

Once your custodian wires the funds, you begin earning distributions. Invest before the end of any month and your first monthly distribution arrives the following month.

🎯 Invest before March 31 to start earning in April
SDIRA Custodian Directory

Custodians That Support Alternative Investments

These custodians specialize in self-directed IRAs and support investments in alternative assets like mortgage note funds. Custodians marked with a star have been used by Integrity Income Fund investors.

★ Used by Integrity Income Fund Investors
Equity Trust Company
equitytrust.com

Largest SDIRA custodian in the U.S. with $70B+ in assets under custody. Well-established and widely recognized for alternative asset investments.

Quest Trust Company
questtrustcompany.com

Texas-based SDIRA custodian known for investor education and hosting live events. Strong support for real estate and private lending investments.

Mainstar Trust
mainstartrust.com

Alternative asset specialist with experience in private lending, mortgage notes, and other non-traditional retirement investments.

STRATA Trust Company
stratatrust.com

Supports private debt, structured notes, and alternative assets. Experienced with fund-level investments and private placements.

Forge Trust
forgetrust.com

Self-directed IRA specialist focused on alternative investments. Offers a broad range of account types including Traditional, Roth, and SEP IRAs.

Additional SDIRA Custodians to Explore
Directed IRA
directedira.com

Investment Sponsor program for funds. Strong option for investors working with private fund managers.

The Entrust Group
theentrustgroup.com

40+ years in business. One of the most established names in the SDIRA custodian space.

uDirect IRA
udirectira.com

Known for a lower fee structure, making it a cost-conscious option for investors.

Millennium Trust Company
mtrustcompany.com

Institutional-grade custodian with a wide range of self-directed account options.

Alto IRA
altoira.com

Tech-forward platform designed for modern investors seeking alternative assets.

Rocket Dollar
rocketdollar.com

Supports both modern SDIRA and Solo 401(k) accounts with a streamlined digital experience.

Inspira Financial
inspirafinancial.com

Full-service retirement solutions provider with self-directed options for alternative asset investing. Formerly NuView Trust Company — NuView accounts transitioned to Inspira Financial in November 2024.

CamaPlan
camaplan.com

Founded by real estate investors, for investors. Supports Traditional, Roth, SEP, SIMPLE, Solo 401(k), HSA, and ESA accounts. Known for flexibility, responsiveness, and a wide range of alternative investment options.

Madison Trust Company
madisontrust.com

Top-rated SDIRA custodian with an A+ BBB rating, $4B+ assets under custody, and 20,000+ clients. Supports real estate, private placements, promissory notes, and more. Known for strong customer service.

MountainWest IRA
mountainwestira.com

Idaho-based independent SDIRA and Solo 401(k) administration company serving clients nationwide. Specializes in record keeping for individuals and small business owners investing in alternative assets.

Next Generation Trust Company
nextgenerationtrust.com

Self-directed IRA custodian focused on helping investors diversify into alternative assets to hedge against stock market volatility and pursue tax-advantaged returns.

Watch: Tax-Advantaged Mortgage Note Investing with SDIRAs
Kingdom Trust
kingdomtrust.com

Alternative asset specialist with a focus on serving investors looking beyond traditional markets.

Advanta IRA
advantaira.com

Specializes in self-directed IRAs for alternative investments including private lending, private placements, and real estate. Supports Traditional, Roth, SEP, SIMPLE, Solo 401(k), and more.

Important: Labrador Lending does not endorse or recommend any specific custodian. This directory is provided as a resource only. Custodians listed under "Used by Our Investors" are ones our Integrity Income Fund investors have successfully used to invest — this is factual information, not an endorsement. Always conduct your own due diligence and consult your financial or tax advisor when selecting a custodian.

Integrity Income Fund

Investing in the Integrity Income Fund with Your IRA

Common questions about using your self-directed IRA or Solo 401(k) to invest in the Integrity Income Fund — a mortgage note fund offering monthly passive income.

Yes. The Integrity Income Fund accepts investments through Self-Directed IRAs — including Traditional, Roth, SEP, and SIMPLE — as well as Solo 401(k) accounts. You'll need to open an account with an SDIRA custodian that supports alternative asset investments. See our custodian directory above for options that our investors have used successfully.
Most self-directed retirement accounts are compatible with the Integrity Income Fund, including:
  • Traditional SDIRA — Tax-deferred growth; pay taxes on withdrawal in retirement
  • Roth SDIRA — Contributions are after-tax; qualified withdrawals are 100% tax-free
  • SEP IRA — Designed for self-employed individuals; higher annual contribution limits
  • SIMPLE IRA — For small business owners and their employees
  • Solo 401(k) — For self-employed individuals with no full-time employees; highest contribution limits available

Consult your tax advisor to determine which account type is the best fit for your situation and tax goals.
Yes — accreditation is required specifically for the Integrity Income Fund. The Integrity Income Fund is offered as a private placement under Regulation D (Reg D) of the Securities Act of 1933. Reg D allows companies to raise capital from private investors without registering the offering with the SEC — but it restricts participation to accredited investors only as defined by the SEC. This applies whether you invest personally or through a self-directed IRA or Solo 401(k).

Important distinction: Mortgage note investing in general does not require accreditation. Individuals can buy individual mortgage notes on the secondary market, invest through other non-Reg D structures, or work with note brokers without being accredited. Accreditation is a requirement of this specific fund — not of mortgage note investing or SDIRA investing as a whole. See the FAQ below for more on what qualifies someone as an accredited investor.
An accredited investor is an individual or entity that meets certain financial thresholds defined by the SEC, allowing them to participate in private investment offerings like Reg D funds. You may qualify as an accredited investor if you meet any one of the following criteria:
  • Income: Earned income over $200,000 (or $300,000 combined with a spouse) in each of the past two years, with a reasonable expectation of the same this year
  • Net Worth: A net worth exceeding $1 million, individually or jointly with a spouse — excluding the value of your primary residence
  • Professional credentials: Holds a Series 7, Series 65, or Series 82 license in good standing
  • Entity: Certain trusts, LLCs, corporations, or other entities with assets exceeding $5 million may also qualify

If you're unsure whether you qualify, consult a financial advisor or securities attorney before investing.
One of the most powerful advantages of using an SDIRA to invest in a mortgage note fund is the tax treatment of your returns. Depending on your account type:

Traditional SDIRA: Your investment grows tax-deferred — monthly distributions flow back into your IRA without triggering a taxable event each year. You pay taxes only when you withdraw funds in retirement.

Roth SDIRA: If your account qualifies, your investment can grow completely tax-free — including all distributions and appreciation. For long-term investors, this is an exceptional compounding advantage.

In both cases, you avoid the annual tax drag that comes with investing in a taxable brokerage account. Always consult a qualified tax advisor for guidance specific to your situation.
Monthly distributions from the Integrity Income Fund are paid on the 1st of each month and deposited directly into your SDIRA custodian account — not to you personally. The funds remain inside your retirement account, continuing to grow on a tax-advantaged basis. You can allow them to accumulate or direct your custodian to reinvest them in additional assets.

You do not receive the distributions as personal income until you take an IRA distribution, which is governed by your account type's tax rules. This is what makes SDIRA investing in a mortgage note fund such an efficient structure for building retirement wealth.
Yes. The IRS has strict "prohibited transaction" rules under IRC 4975 that prevent self-dealing within an IRA. Key things to know:
  • Your IRA must benefit from the investment — not you personally, outside the account
  • Disqualified persons (you, your spouse, lineal descendants, and certain other parties) cannot transact with your IRA
  • You cannot personally guarantee an IRA loan or receive fees from IRA-owned assets

The Integrity Income Fund is structured as a fully passive investment, which generally keeps the process straightforward — but always consult your SDIRA custodian and a qualified tax advisor to confirm compliance with the rules for your specific account.
Timelines vary by custodian, but opening a self-directed IRA and funding it typically takes 2–4 weeks from start to finish — sometimes faster for direct transfers between custodians. Rollovers from a former employer's 401(k) may take a bit longer. We recommend starting the process as early as possible so you don't miss a monthly distribution window. Our team is happy to help coordinate with your custodian once you're ready.
The minimum investment in the Integrity Income Fund is $25,000, with a 12-month minimum commitment period. Investments made before the end of any calendar month begin earning the following month, with the first monthly distribution paid on the 1st of the subsequent month. For example, invest before March 31 and your first distribution arrives May 1.
Self-Directed IRA Education

Self-Directed IRA FAQs

New to self-directed IRAs? These are the most common questions investors have about how SDIRAs work, what you can invest in, and how to get started — regardless of which fund or asset you're considering.

A self-directed IRA (SDIRA) is an Individual Retirement Account that gives you the freedom to invest in alternative assets beyond stocks, bonds, and mutual funds — things like real estate, mortgage notes, private lending, precious metals, and private equity. The tax advantages are identical to a traditional IRA; the difference is what you can invest in.

With a regular IRA at a bank or brokerage, your investment choices are limited to what that institution sells. With a self-directed IRA, you direct the investments — your custodian simply holds the assets and handles IRS reporting. This is why SDIRAs are so popular among investors who want to use their real-world knowledge to build retirement wealth outside of Wall Street.
Most banks and brokerage firms promote investments they sell — typically stocks, bonds, and mutual funds. They have little financial incentive to tell you about self-directed IRAs, and many financial advisors working within those institutions may not even be aware of them. Self-directed IRAs have existed for decades under the same IRS rules as traditional IRAs, but they're serviced by a separate category of specialty custodians who focus exclusively on alternative investments. Once investors discover SDIRAs, they often wonder why no one told them sooner.
No — accreditation is not required to open a self-directed IRA or to invest in mortgage notes in general. Anyone with earned income (or a rollover from an existing retirement account) can open an SDIRA and invest in a wide range of alternative assets, including individual mortgage notes on the secondary market.

Accreditation is only required for specific private placement offerings structured under Regulation D — such as the Integrity Income Fund. These Reg D offerings are restricted to accredited investors by SEC rules. But the concept of investing in mortgage notes or alternative assets through an SDIRA is open to all eligible retirement account holders, not just accredited investors.
Many types of retirement accounts can be self-directed beyond just a Traditional IRA. These include:
  • Traditional IRA — Pre-tax contributions; tax-deferred growth
  • Roth IRA — After-tax contributions; tax-free growth and qualified withdrawals
  • SEP IRA — For self-employed and small business owners; higher contribution limits
  • SIMPLE IRA — Small business retirement plan with employer matching
  • Solo 401(k) — For self-employed with no full-time W-2 employees; highest contribution limits
  • Health Savings Account (HSA) — Triple tax advantage for medical expenses
  • Education Savings Account (ESA) — Tax-advantaged savings for education expenses
No. While you can invest in the stock market with an SDIRA, alternative investments are the primary reason most people choose to self-direct. With a self-directed IRA, you can invest in real estate, mortgage notes, private lending, private equity, precious metals, tax liens, cryptocurrency, oil and gas, and much more — anything the IRS permits. The IRS only prohibits a short list of investments, including collectibles, antiques, and life insurance contracts.
Yes. Several self-directed retirement accounts are designed specifically for small business owners and the self-employed:
  • SEP IRA — Allows contributions of up to 25% of net self-employment income (up to IRS annual limits). Simple to set up and manage.
  • SIMPLE IRA — Designed for small businesses with employees; allows both employer and employee contributions.
  • Solo 401(k) — For self-employed individuals with no full-time employees. Offers the highest contribution limits of any retirement account and can be self-directed into alternative assets.
All income generated by IRA-owned assets — distributions, rent, interest — flows directly back into the IRA, not to you personally. Similarly, all expenses related to IRA-owned assets must be paid from the IRA itself. Paying expenses out-of-pocket and reimbursing yourself is considered a prohibited transaction under IRS rules and can disqualify the entire account.

If you partnered IRA funds with outside funds to make an investment, income and expenses are divided in proportion to the IRA's ownership percentage.
A checkbook IRA (also called an IRA LLC) is an account structure where your self-directed IRA forms a single-member LLC that opens its own bank account. Your IRA funds the LLC, and you — as the manager of the LLC — have direct checkbook control over those retirement dollars to make investments quickly without custodian approval on every transaction.

This is not considered a retirement fund withdrawal, as the LLC operates entirely within the tax-sheltered umbrella of your IRA. Investment gains flow back into the LLC and ultimately back into your IRA on a tax-deferred or tax-free basis. Checkbook IRAs are especially popular with active real estate investors and note buyers who need to move quickly on deals.
In most cases, IRA investment income is tax-sheltered — but there are two exceptions:

UBIT (Unrelated Business Income Tax) applies when an IRA earns income from an active business it owns that isn't a C corporation. For example, if your IRA owns an operating business, it may owe UBIT on those profits.

UDFI (Unrelated Debt-Financed Income) applies when your IRA uses borrowed funds (like a non-recourse loan) to make an investment and earns income on that leveraged portion. The portion of income attributable to debt may be subject to UBIT.

Importantly, Solo 401(k) plans do not owe UBIT on UDFI — a key advantage over IRAs for investors using leverage. Passive investments like mortgage note funds typically do not trigger UBIT, but always confirm with your tax advisor.
The IRS prohibits a relatively short list of investments inside an IRA. You cannot invest in:
  • Collectibles (art, antiques, rugs, stamps, coins — with limited exceptions for certain gold/silver coins)
  • Life insurance contracts
  • S corporation stock

Beyond these, you must also avoid prohibited transactions outlined in IRC 4975 — which restrict self-dealing between your IRA and "disqualified persons" (yourself, certain family members, and fiduciaries). Outside of these rules, the investment universe for self-directed IRAs is remarkably broad — real estate, mortgage notes, private lending, private equity, precious metals, tax liens, cryptocurrency, and more are all permitted.
If an IRA-owned asset has unexpected expenses and the account is short on liquid funds, you have a few options:
  • Annual contribution: If you're eligible, make a new annual IRA contribution to cover the shortfall
  • Non-recourse loan: Your IRA can borrow funds through a non-recourse loan from a bank or private lender — note that UDFI taxes may apply to the income earned on the leveraged portion
  • Partner funds: A non-disqualified person can partner funds with your IRA to cover costs, proportional to their ownership stake

You cannot personally pay an IRA expense and reimburse yourself — that is a prohibited transaction.
Ready to Get Started?

Start Growing Your Retirement Account
with Passive Income

The Integrity Income Fund has delivered consistent monthly distributions every single month since launching in June 2022 — zero missed. Invest before the end of this month to begin earning next month.

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Labrador Lending  |  labradorlending.com

The Integrity Income Fund offers 8–10% targeted annual preferred returns based on investment amount ($25,000 minimum). Investments are made before the end of each month and begin earning the following month. This is an investment opportunity for accredited investors only. Targeted returns are not guaranteed. Please review all offering documents for complete information about risks, fees, and investment terms. This page is for informational purposes only and does not constitute investment, tax, or legal advice. Consult qualified professionals before investing. © 2026 Labrador Lending. All rights reserved.