Real Estate Investments & Mortgage Lending
Established in 1973, First Island Financial Services Ltd. is a preeminent commercial mortgage lender and real estate investment firm based in Victoria, British Columbia. First Island Mortgage Investments Ltd. (part of the First Island Financial group) was registered as an Exempt Market Dealer with the British Columbia Securities Commission on Feb. 14, 2020.
Whether a project involves land acquisition, development, residential or commercial construction, First Island offers registered first mortgage lending in British Columbia and Alberta. After assessing borrowers' needs, our terms and conditions will be designed to facilitate quick funding, providing our borrowers loan flexibility and savings in time and cost for their interim financing needs.
Our investors achieve superior return rates from our diversified portfolio along with ongoing updates on our financed projects. First Island investors are provided with education on Mortgage Investment Corporation investing as well as honest and reliable customer service from our knowledgeable team. First Island offers a variety of investment plans, including non-registered investments, as well as TFSA, RRSP and RRIF. We believe we have the right investment for you.
For over 45 years, First Island has based its success on a thorough evaluation process of applicant borrowers, and our in-house real estate investment and construction financing expertise. As a Mortgage Investment Corporation (MIC), we hold high quality real estate mortgages and operate with proven investment criteria.
CURRENT RATE = 6.03%
@ April 30, 2023
Our most recent Quarter End
@ April 30, 2023 = 6.03%
2023 Calendar Year Avg: 5.790%
103-5122 Cordova Bay Road, Victoria, V8Y 2K5
Office Hours: Mon-Fri 9:00 a.m.- 4:00 p.m.
Closed Long Weekends & Statutory Holidays
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