Since 1995, Armada Mortgage Corporation has provided investors with a means to diversify their investment portfolios with Canadian real estate

Armada Mortgage Corporation is registered as a Mortgage Investment Corporation ("MIC") in British Columbia and is extra-provincially registered Alberta, Ontario, and Manitoba. As a non-bank lender, Armada invests in residential, commercial, construction, and raw land mortgage loans secured by first and second mortgages, and in exceptional cases, by third mortgages. Our MIC has generated a simple average rate of return of 6.76% since 2003 and is audited annually. Our principal regulator is the BC Securities Commission.

Armada Mortgage Corporation Details
(as of March 31, 2019)

• Type: Mortgage Investment Corporation ("MIC")
• Incorporated: 1995
• Total Mortgages in Portfolio: 163
• Total Aggregate Principal in Portfolio: $29,511,268
• Mortgage Sizes: $25,000 to $750,000
• Geographic Diversification: BC, AB, MN, ON
• Average LTV (Loan-To-Value): 51.48%
• Leverage: LOC of 10-20% of mortgage receivables, TD Canada Trust, secured by the MIC's assets
• Minimum Investment: $2,500
• Simple Average Rate of Return: 6.76% since 2003
• RRSP, RRIF, TFSA Eligible: Yes
• Memberships: British Columbia MIC Managers Association, Alberta Mortgage Brokers Association, Mortgage Brokers Association of British Columbia, Registered Deposit Brokers Association
• Auditor: Grant Thornton LLP