Why does Advanced Mortgage Investment Corporation limit its mortgage investments to the Ottawa region?

Primarily, AMIC makes mortgage investments in Ottawa and the surrounding regions of Eastern Ontario. We feel that it’s best, as the company grows, to lend where we live because we can see and monitor the properties. And because of AMIC’s connection to and relationship with Mortgage Brokers Ottawa, AMIC is assured of a constant flow of quality mortgage applications.

When reviewing AMIC as a potential investment, you may wish to review your current portfolio to ensure that it is not unsuitably overconcentrated in other products with an Ottawa-centric geographic focus.

That being said, AMIC management believes that the underlying economic fundamentals of Ottawa are strong and that the region presents an attractive investment opportunity for any lender providing mortgages to residential borrowers.