: Generally $25,000, though this varies by jurisdiction 🏠 Lending & Borrower Services
PMIC operates by pooling investor funds to lend out as mortgages, aiming to deliver stable returns.
🏢 Company Profile: Pacifica Mortgage Investment Corporation pacifica mortgage
: Private, non-reporting mortgage investment corporation (MIC) Manager : Capital West Mortgage Inc. Contact : (604) 484-5998 or info@pacificamortgage.ca 📈 Investment & Financial Reporting
: Audited financial statements and T5 tax statements are provided at the end of each fiscal year : Generally $25,000, though this varies by jurisdiction
Pacifica positions itself as an alternative for borrowers who may not meet traditional bank requirements. PACIFICA MORTGAGE INVESTMENT CORPORATION
: Non-voting Preferred Shares, typically priced at $1.00 per share : Generally $25
: Investors receive reports every three months showing their current investment balance