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Diversify your portfolio with Canadian real estate
Mortgage Investment Corporations (“MICs”) are diversified pools of predominantly residential mortgages secured by real estate. Investors purchase shares in a MIC and receive a proportional interest in the fund’s portfolio and the income it generates. MICs are focused on providing a steady and consistent stream of income in order to offer the investor with a greater portfolio diversification.
Armada Mortgage Corporation
Armada Mortgage Corporation is registered as a MIC in British Columbia and is extra-provincially registered in Alberta and Ontario. Our company is audited annually, and our principal regulator is the BC Securities Commission. Our simple average rate of return since 2003 is 6.8%.
7.61% Net yield to investors for 2019
| Geographic Location | # of Mortgages | 1st Mortgages | 2nd Mortgages | Total Values | Loan to Value |
| Mainland BC | 110 | $15,756,195 | $6,530,883 | $22,287,078 | 46% |
| Interior BC | 8 | $1,215,954 | $401,485 | $1,617,439 | 45% |
| Van. Island | 6 | $2,067,198 | $100,106 | $2,167,304 | 54% |
| Alberta | 6 | $977,510 | $141,203 | $1,118,713 | 57% |
| Ontario | 38 | $8,669,241 | $1,381,956 | $10,051,197 | 49% |
| Totals | 168 | $28,686,098 | $8,555,633 | $37,241,731 | 47% |
As of Dec 31, 2020 | Average Mortgage Size $221,666
Offering Memorandum
The offering Memorandum (“OM”) contains details regarding our MIC including our guidelines, progress, and outlook for our future investments.
Ready to Invest in our MIC? Request an Investor Package
For further information contact our office to speak with Arley Midgley or Karin Schmidtke 604-467-6449
Privacy Policy
We keep the personal information we receive from our clients confidential. Our Privacy Policy discusses how we collect, use, and disclose information.
The investor section of Armada’s website is for discussion purposes only. The intention of the information provided herein is to provide shareholders & potential investors with an introductory education on the investment philosophy of Armada Mortgage Corp. Our philosophy may not be suitable for you. Neither the information nor any opinion expressed within this web site constitutes an offer to sell securities or financial instruments or provide any investment advice or service. Please note that any figures noted for past performance on the webpage is not intended to provide an indication on future performance.
