Armada Mortgage Corp

Maple Ridge, Canada

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Description

Specialties

Armada Mortgage Corporation is registered as a Mortgage Investment Corporation («MIC») in British Columbia and is extra-​provincially registered Alberta, Ontario, and Manitoba. As a non-​bank lender, Armada invests in residential, commercial, construction, and raw land mortgage loans secured by first and second mortgages, and in exceptional cases, by third mortgages. Our MIC has generated a simple average rate of return of 6.7% since 2003 and is audited annually. Our principal regulator is the BC Securities Commission.

History

Established in 1995.

Operating in Maple Ridge BC since 1995. Armada Mortgage Corp currently has a monthly dividend set at 4.5%, and historical simple average rate of return from 2003 to 2015 is 6.7%.

Meet the Business Owner

Gordon H.

Business Owner

Mr. Gordon Hone has been the President, Director and founder of the Company since inception in 1995. Mr. Hone was a licensed realtor from 1992 to 1994, has been a licensed mortgage broker since 1993 and was the previous owner of Westgate Homes, a 12

residential home builder in Maple Ridge, British Columbia. Mr. Hone has been the owner and mortgage broker of Armada Capital Corporation since 1995. Mr. Hone attended Simon Fraser University and was accepted to the Faculty of Economics & Business Administration in 1989. Mr. Hone received his Steel Fabrication diploma from BCIT in 1986. Mr. Hone has obtained his certification for completing the Partners,

Director & Officers Course as well as the Canadian Securities Course, and has received the designation as a Registered Deposit Broker.