Investing
Why Invest With Us?
Elite Mortgage Corp. provides access to a professionally managed portfolio of real-estate-backed mortgages. Investors earn income from interest collected on a diversified pool of mortgages across Western Canada. Returns may vary and are not guaranteed.
Benefits include:
- Income potential through mortgage interest
- Diversification across a range of mortgage investments
- Supporting responsible lending in local communities
Who Can Invest?
MIC investments are intended for individuals seeking income and diversification through real-estate-backed lending. These investments involve risk and are generally suited for longer-term investors.
Eligible Investors Include:
- Canadian residents who meet minimum investment and suitability requirements through our Exempt Market Dealer
- Individuals seeking income-producing investments
- Investors comfortable with mortgage-related risk and limited liquidity
How It Works:
1. Become an Investor
Your onboarding is completed through our Exempt Market Dealer, who reviews eligibility, suitability, and regulatory requirements.
2. Purchase MIC Shares
Once approved, you may purchase MIC shares. Each share represents a portion of the pooled capital used to fund real-estate-secured mortgages.
3. Professional Mortgage Management
Valley Wide Management Corp. manages the MIC’s day-to-day operations, including underwriting, servicing, and monitoring mortgages to help manage risk and maintain portfolio quality.
4. Earn Income from Interest Payments
Interest collected from borrowers is distributed to investors according to the MIC’s schedule. Income may vary from year to year and is not guaranteed.
FAQ's
Q: What is a MIC?
A Mortgage Investment Corporation (MIC) pools investor capital to provide real-estate-secured mortgage loans. MICs operate under the Income Tax Act and distribute taxable income to investors. Returns are not guaranteed and may fluctuate.
Q: How can I invest with Elite Mortgage Corp.?
Investments are made through our accredited Exempt Market Dealer (EMD), who reviews suitability and provides all required documentation, including our Offering Memorandum.
Q: What kind of returns can I expect?
Returns depend on mortgage portfolio performance and may vary. In 2025, the MIC generated a net return of 8.07%. Past results do not guarantee future performance.
Q: Are MIC earnings taxable?
Yes. MIC distributions are taxed as interest income. Investments may be held in registered plans (RRSP, TFSA, etc.) for tax-advantaged treatment depending on the account.
Q: Can I access my money at any time?
MIC investments are not liquid. While we maintain a liquidity float to help accommodate redemptions, withdrawals depend on available funds and may be delayed.
Q: Who manages the MIC?
The MIC is managed by Valley Wide Management Corp., who handle underwriting, servicing, monitoring, and regulatory compliance. Their team has over 50 years of combined experience in lending and real estate.