Mortgage Investment (Amber MIC) FAQ
Amber MIC
Amber Mortgage Investment Corp. (“Amber MIC”) is a licensed MIC offering 1st & 2nd mortgage loans to individuals & businesses, backed by Canadian real estate—single homes, condos, townhouses, multi-res, commercial, industrial & dev projects.
Amber Financial Services Corp. manages Amber MIC. It’s an innovative financial & mortgage brokerage platform, linking borrowers to 30+ lenders across Canada. Amber focuses on flexible mortgage & consumer loan solutions.
Amber is committed to fast, flexible loans for borrowers & stable, high-return investments for investors.
Investors buy preferred shares. Amber MIC lends to borrowers, using real estate as collateral. Interest collected (minus fees) is fully returned to investors as quarterly dividends. There are no retained earnings. Investors can choose to withdraw cash or reinvest for compounding. All properties are registered under Amber MIC.
Safe & stable with solid returns.
Bank deposits yield little, stocks are risky. MICs balance risk & return. Amber’s investments are backed by tangible, registered properties. Investors get regular reports with clear asset info—offering confidence & transparency.
Amber MIC has delivered a stable annual return of 8% simple interest & 8.24% compound interest over the past 9 years. Whether you prefer steady cash flow or compounding growth, MIC is a strong option to help you reach your goal of “stable high returns”.
Amber MIC follows CRA rules and is a registered mortgage broker in BC, regulated by the FMA. Investor funds follow securities laws. Every investment & profit is clearly stated in financial reports. All collateral is verifiable in provincial land title systems. MICs cannot engage in property development—only lending, and only within Canada.
- Returns come mainly from interest on short-term loans.
- Amber uses strict but flexible underwriting, focusing on understanding each borrower.
- Properties are in active, high-value areas (e.g., Greater Vancouver, Toronto).
- Loan terms: 3–12 months, helping to reduce market risk.
- Assets include various property types—spreading risk.
- Loan-to-value (LTV) stays below 65%—a key safety measure.
- Canadian tax residents or non-residents
- Canadian or overseas companies
Not for ultra-conservative investors. Best suited for:
- Medium to long-term planners
- Those with some investment knowledge
- Middle to high-income investors
- Moderate to high risk tolerance
- Those who value cashflow & growth
Yes. RRSPs & TFSAs are accepted. Shares are managed by Olympia Trust Company.
- Cash account: min. $100,000 CAD
- Registered account (RRSP/TFSA): min. $30,000 CAD
No minimum for top-ups. Reach out to book a 1-on-1 with an Amber advisor.
Minimum 1 year. After that, funds are flexible. Early redemption (within 1 year) has a 4% fee.
Amber uses a unique model—fees are only charged after investors get an 8% return. Fee: 0–2%.
Quarterly. You can choose cash or automatic reinvestment.
Yes. Quarterly statements plus audited annual financials and T5 slips.
Amber MIC is promoted via licensed exempt market dealers. Contact us to book a 1-on-1 with an advisor.
Yes, within 2 business days after signing the subscription agreement.
How do I redeem my investment?
Submit a redemption request with 60 days’ notice to your advisor.
MIC Industry
MIC stands for Mortgage Investment Corporation. It’s a special financial institution created under Section 130.1 of Canada’s Income Tax Act in 1973. MICs pool investor funds to invest in diversified residential & commercial mortgage loans.
Investor funds are used to lend against Canadian real estate. MICs earn income from interest & fees paid by borrowers and distribute all net income to investors as dividends.
No. As required by the BCSC, no investment product can promise guaranteed principal or interest—including MICs.
Yes. All investments carry risks—market, interest rate, liquidity, operational, etc. Compared to equity investments, MICs (as mortgage debt instruments) are generally lower risk. But they are still affected by local real estate markets, default rates, liquidity concerns & info asymmetry.
Under Section 130.1 of the Income Tax Act:
- At least 20 shareholders
- No one shareholder owns over 25%
- Min. 50% of assets must be Canadian residential mortgages, cash, or insured deposits
- 100% of net income must be distributed
- All investments must be in Canada
- Annual financials must be audited
Privately traded MICs are considered illiquid.
Yes. MIC income is taxed as interest income. Tax owed depends on your residency, tax laws, and if you invest via registered accounts (e.g., RRSP, TFSA).
Yes—major banks offer traditional long-term mortgages. Amber MIC provides short-term loans that banks typically won’t, to help borrowers with urgent funding needs.
Borrowers who don’t qualify for traditional bank loans. Often they need short-term financing before selling property or refinancing with a bank.
MICs don’t pay corporate income tax. All net earnings are passed to investors, who must report them as interest income. Investors receive a T5 slip annually. Non-residents (e.g. from mainland China) are subject to 10% withholding tax.
It depends on your income goals, net worth, risk tolerance & investment plan. Amber advisors are happy to help assess fit.
