Metropointe Mortgage Investment Corporation (MMIC) Mortgage Lender Profile
Generally for British Columbia owners, builders and developers needing short-term or transitional financing, or equity taken out of an existing property.
Who they are
Metropointe Mortgage Investment Corporation, which trades as Metmic, is a British Columbia alternative lender founded in 2011 and structured as a mortgage investment corporation. The money it lends is raised by issuing shares to investors through its affiliated exempt market dealer, Metropointe Capital Inc., and it reports an annualised return of 8.45 percent over ten years. The business was built by mortgage professionals who set out to offer what banks could not, and has grown largely through word of mouth and investor referrals. Its lending is described as real-asset based, with an emphasis on speed and service over bureaucracy.
What they lend on, and who for
Metmic lends across residential, commercial and development real estate in British Columbia. Its four published product lines are equity takeouts and refinancing, land and development financing, construction loans, and bridge financing. That puts it in front of builders, developers and owners who need short-term or transitional capital, as well as borrowers taking equity out of a property they already own. The company emphasises fast turnaround, flexible structures, deal-first underwriting, local expertise and direct access to decision makers. Term lengths, loan-to-value limits and borrower criteria are not published, so those would be set on your own file.
How to approach Metropointe Mortgage Investment Corporation (MMIC)
You can contact Metropointe Mortgage Investment Corporation (MMIC) yourself; nothing stops you. What you cannot easily find out is what they will actually accept. What loan-to-value they will genuinely go to on your property, what exit they want to see, what the lender fee comes to, and how fast they can fund — none of that is published in full anywhere, and it moves.
A licensed broker who places files with lenders like this every week knows those criteria, and more usefully knows how to structure a file so it lands inside them rather than just outside. On anything that is not a straightforward salaried purchase, that structuring is most of the difference between an approval and a decline. It costs you nothing on a prime mortgage — the lender pays the broker when it funds.
| Lender type | Private · MIC |
| Registered as | Metropointe Mortgage Investment Corporation |
| Head office | 400 - 15336 31 Avenue, Surrey, BC (postal code UNVERIFIED) |
| Website | metmic.com |
| Phone | 604-449-1700 |
Get notified 90 days before your renewal
Your lender contacts you at 30 days, when you have no time to shop. We reach you at 90 — early enough to lock a hold and personalize your offers.
Borrower ratings for Metropointe Mortgage Investment Corporation (MMIC)
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How quickly did they issue a commitment and get to funding?
Was the rate you got competitive for the product you qualified for?
Could you reach someone, and did they resolve things?
Portal, e-signing, document upload, online account — did it work?
Were the terms, fees and penalties clear before you signed?
Worked with Metropointe Mortgage Investment Corporation (MMIC)?
Score them on the five things above. We confirm every review by email before it publishes, and we publish the bad ones too.
Questions about Metropointe Mortgage Investment Corporation (MMIC)
Is Metropointe Mortgage Investment Corporation (MMIC) a real mortgage lender?
Yes. Metropointe Mortgage Investment Corporation (MMIC) is a private (mic). Its own site is metmic.com.
What kind of lender is Metropointe Mortgage Investment Corporation (MMIC)?
Private — categorised in our directory as MIC. Equity lenders — the property matters more than the borrower. Short terms, higher rates, lender fees, and speed. Right for a genuinely temporary problem, wrong as a destination.
Should I go to Metropointe Mortgage Investment Corporation (MMIC) directly or through a broker?
You can approach them yourself. The reason most people do not is that a lender's real criteria — how income is read, what is accepted as documentation, what will be allowed as an exception — are not published, and they change. A broker who works with Metropointe Mortgage Investment Corporation (MMIC) regularly knows them and knows how to present a file to fit them, which on anything other than a simple salaried purchase is usually what decides the answer. On a prime mortgage it costs you nothing either way, because the lender pays the broker when it funds.
Would Metropointe Mortgage Investment Corporation (MMIC) approve me?
No profile page can answer that, and any site that tries is guessing. It turns on how your income is earned and how much of it a lender will count, your credit history, the property itself, and how much you need against what it is worth. Those are the questions a licensed broker asks before naming a lender — and they will tell you which ones realistically fit, this one included, and which would price it better.
Where does Metropointe Mortgage Investment Corporation (MMIC) lend?
Lending areas change and are not always the same as where the lender is based — confirm current coverage with the lender or a broker before planning around it.
Would Metropointe Mortgage Investment Corporation (MMIC) take your file?
Send us the details and a licensed broker will tell you which lenders fit — this one included, and the ones that would price it better.
Send us the file