Firm Capital Mortgage Investment Corporation
Firm Capital Mortgage Investment Corporation (FCMIC) is a North York-based investment company that specializes in providing residential and commercial real estate financing through its Mortgage Banker, Firm Capital Corporation. The company's primary objective is to preserve shareholder capital while delivering a stable stream of monthly dividends from its investments in niche markets underserved by larger lending institutions.
As of March 31, 2025, FCMIC boasts a diversified mortgage portfolio with a total of 276 investments and an average portfolio interest rate of 9.96%. The company adheres to a conservative operating strategy, ensuring regular monthly cash dividends and maintaining a strong focus on shareholder equity.
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