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|
As of Dec 31, 2020 | Average Mortgage Size $221,666
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