About Us

Guardian Mortgage Investment Corporation is a private mortgage lender based in Winnipeg Manitoba. Our lending portfolio is made up of non traditional mortgages from borrowers throughout Manitoba. Our clients invest funds with us and we intern lend them out to provide our clients with a rate of return for their investment.

We service a wide variety of clients looking for mortgage funds. Our services extend to first and second mortgages as well as bridge loans to assist clients through the buying and selling process. If you’re a borrower looking for a lending solution to meet your needs please contact us for a free consultation to see how we can help.

What is a "MIC"?

A Mortgage Investment Corporation, commonly known as a MIC, is an investment and lending company designed specifically for mortgage lending (primarily residential mortgage lending) in Canada.

MIC’s invest primarily in residential mortgages, but can also invest in commercial, industrial, development and construction mortgages. All of these mortgages are pooled together and shares are issued to investors. The investor benefits by having access to a pool of secured and diversified mortgages. Owning shares in a mortgage investment corporation enables you to invest in a company which manages a diversified and secured pool of mortgages. Shares of a MIC are qualified investments under the Income Tax Act (Canada) for RDSPs, RRSPs, RRIFs, TFSAs, or RESPs. Mortgage investment corporations are generally provincially registered and licensed, with the management of the mortgage fund under the direction of provincially licensed officials.

A MIC mortgage portfolio can include everything from small second mortgages on residential property to commercial and development mortgages on new projects. Every investment is typically based on a thorough investigation of the property.

In essence, a MIC is like a mortgage mutual fund.

MIC’s are organized for investing in pools of mortgages. Profits generated by MICs are distributed to its shareholders according to their proportional interest. The mortgages are secured on real property, often in conjunction with other forms of security, such as personal and corporate guarantees, general security agreements and assignments of material contracts, such as insurance policies, prepared by lawyers for the MIC.

Features

Stability of its cash flow for investors – Considering how volatile the stock market can be, the MIC is an excellent option for investors to receive consistent dividends while owning security against real property

Potential eligibility for RRSP/RRIF/LIRA/TFSA/RESP tax exempt/deferred plans

Annual review of financial statements to ensure accountability of finances and safety against fraud, including regular financial reporting to shareholders

A MIC allows for many different investors. This increases the investment pool which allows the MIC to invest in a variety of deals reducing risk through diversification.

MICs can achieve high returns to investors with low risk, while under prudent and professional management

Adherence to legislative expectations by the MICs professional management team and the careful continuous consideration of the Credit Review Committee

Guardian's Management Team

GMIC is managed by three directors with a combined experience in the investment and lending field bringing decades of experience and knowledge to govern the fund. Their goal is to provide investors with effective investment returns while working to mitigate risk factors. Each mortgage that is looked at is fully underwritten and checked for suitability for the portfolio.

David Rebeck

President

David has been in the banking and finance field for over 25 years. He holds an Accredited Mortgage Professional designation along with Fellow of Canadian Securities Institute designation. As a previous Branch Manager and compliance officer he is committed to the long-term goals of GMIC.

Travis Couture

Vice President

Travis has been in the financial Services and Planning field for over 15 years. With a background in financial planning and investment compliance he is always working to improve the way clients interact and work with GMIC.

Denis Brunet

Treasure/Secretary

Denis has been in the mortgage lending world for over 30 years. Managing and underwriting in the private mortgage market is what Denis does. As a director of another mortgage investment corporation his experience and insight into what makes a deal worth doing is unmatched. He always looks to find the best option for either clients looking to lend or investors looking to maximize their return.

WE TAKE RESPONSIBLITY FOR ALL ASPECTS OF THE UNDERWRITING PROCESS

The team behind Guardian MIC is responsible for all aspects of the underwriting process. We begin our lending analysis by reviewing and scrutinizing the applicants behind every mortgage, and is place through an extensive qualification process.

After carefully reviewing the applicant’s financial capacity, we appraise the property and evaluate the risk exposure in addition to the yield potential.

At Guardian, we strive to achieve the finest results for our investors. We adhere to comprehensive guidelines to effectively mitigate risk and maximize returns for our investors.

Fund Facts

Investment Objective
The fundamental objective of this fund is to earn a high a level of
interest income that is consistent with the fund’s eligible
investments while aiming to protect invested capital. This is
done by investing primarily in residential mortgages on property
located in Manitoba, Canada and other debt obligations.

Contact Us

+1 (204) 987-5620

Address: 193 Henlow Bay
Winnipeg, MB R3Y 1G4
Canada

available from 9:00 am – 5:00 pm

Email info@guardianmic.ca

Website and content managed by Essential Business Solutions 2017