COVID-19: Find out what we are doing 
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
Privacy Policy
We keep the personal information we receive from our clients confidential. Our Privacy Policy discusses how we collect, use, and disclose information.
