Mortgage investment corporation
Westboro Mortgage Investment Corp.
Ottawa-based MIC making short-term private residential mortgages across Ontario, including draw-based construction financing for custom and prefabricated homes and purchase-plus-renovation loans.
Lender facts
- Lender type
- Mortgage investment corporation
- Products offered
- Private first mortgages · Construction and development loans · Renovation and fix-and-flip loans · Equity take-out and refinance · Private second mortgagesLender website, checked Oct 30, 2026
- Where they lend
- OntarioLender website, checked Oct 30, 2026
- Property types
- owner-occupied residentialLender website, checked Oct 30, 2026
- Loan size
- Not stated on the lender’s website
- Highest stated maximum loan-to-value
- 80% (Construction: finances 65-80% of the as-if-complete value)Lender website, checked Oct 30, 2026
- Terms
- Short-term residential mortgages with a planned exitLender website, checked Oct 30, 2026
- How to apply
- Through a mortgage broker onlyLender website, checked Oct 30, 2026
- Fees
- Construction: 3% lender fee plus $350 admin fee per drawLender website, checked Oct 30, 2026
Profile status: not claimed
Facts were checked against the lender’s own website on Oct 30, 2026. The lender has not claimed this profile or confirmed them.
Also listed in: Construction loans · Private mortgages · Second mortgages
Before you apply
Use the lender’s website to confirm current terms and whether you can apply directly or need a mortgage broker. Published products are not personal offers.
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