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% |
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