Canguard Mortgage Investment Corp.
Information by Research TrustFinance
Canguard Mortgage Investment Corp. (MIC) operates as a non-bank lender, pooling capital from private and institutional investors to fund a portfolio of first and second mortgages secured by real estate, primarily in British Columbia's Lower Mainland. The company aims to provide its shareholders with a stable and secure stream of income through mortgage interest, paid out as dividends. Canguard focuses on conservative lending practices, thorough due diligence on borrowers and properties, and maintaining a diversified mortgage portfolio to mitigate risk for its investors.
Canada
Industry
- InvestmentPRIMARY
- Other Service
Financial