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 & Valley, Gatineau proper and Kingston & Seaway.
Our experienced Underwriters apply disciplined lending criteria to minimize the risk and maximize shareholder returns while preserving shareholders’ capital with secured mortgages.
With over $65 million under management in 368 well-diversified mortgages, investors have benefited from an average annual return of 9.36% in the last 5 years and, more recently, with interest rates at all time lows on GIC’s, we have managed returns of 8.8%.
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 | 2012 |
| Rate | 10.60% | 10.35% | 10.10% | 9.70% | 9.90% | 9.30% | 9.10% | 8.80% |
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