Recent News

WMIC is improving…. We are Now Live!

April 5, 2012

Westboro Mortgage Investment Corp. is improving online communications.  We have updated our website with a NEW & IMPROVED look and more content to better serve you. Please let us know what you think…. We look forward to hearing from you!

Welcome to Westboro Mortgage Investment Corp.

Exceptional returns to investors since 2004

WMIC is a private lender providing residential and commercial mortgages to individuals and businesses in Ottawa and the surrounding areas.

Experienced underwriters apply disciplined lending criteria to minimize the risk and maximize shareholder returns while preserving shareholders’ capital with secured mortgages.

With over $40 million under management in 250 well-diversified mortgages, investors have benefited from an average annual return of 9.86% since inception and, more recently with interest rates at all time lows on GIC’s, we have managed returns of 9.1%.

Our monthly dividend distributions allow for retirement, as well as cash flow planning for all investors.

Calendar Year Rates of Return
Year 2005 2006 2007 2008 2009 2010 2011
Rate 10.60% 10.35% 10.10% 9.70% 9.90% 9.30% 9.10%