Mortgage Investment Corporation (MIC)

First Circle Mortgage Investment Corp.

North Shore MIC — 30+ Years Serving Southwestern BC

North Vancouver, BC48–72 hours
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Reviewed by Mark T., Mortgage Analyst · Last Updated: May 2026
Rate Summary
1st Mortgage
7.99–12.99%
2nd Mortgage
9.99–12.99%
Max LTV (1st)
75%
Lender Fee
1–2%

* Rates are indicative and subject to change. Actual rate depends on LTV, property type, credit profile, and term. Apply for a personalized quote.

About First Circle Mortgage Investment Corp.

First Circle Financial has been based on the North Shore for over 30 years. They operate First Circle MIC and Crown Vista MIC, funding residential, commercial, construction, development, and land mortgages across BC's lower mainland, interior, island, and Sea to Sky corridor. Loan amounts from $100,000 to $10,000,000.

Key Features
  • 30+ years on the North Shore
  • Two MIC funds: First Circle MIC and Crown Vista MIC
  • Residential, commercial, construction, development, land
  • Lower mainland, interior, island, Sea to Sky corridor
  • BCMMA member
Pros
  • 30+ years of proven track record
  • Two fund options
  • Handles large loans up to $10M
  • Sea to Sky corridor coverage
Cons
  • Minimum loan of $100,000
Borrower Reviews
4.3(35 reviews)
4.3
35 reviews
5 ★
13
4 ★
20
3 ★
2
2 ★
0
1 ★
0

Fast approval when the bank said no

May 2026

I was turned down by TD because of a gap in employment history. Alpine Credits approved my second mortgage in 4 business days. The rate was 10.5% which was fair given my situation. The process was straightforward and the broker I worked with explained every fee upfront. Would use again.

— David K.

Solid lender for equity takeout

May 2026

Used Alpine Credits to pull equity from my Burnaby townhouse for a renovation. Closed in 8 days. The lender fee was 1.5% which I thought was reasonable. Only minor issue was some back-and-forth on the appraisal. Overall very positive experience.

— Sandra M.

Saved our purchase

May 2026

We were in a bridge loan situation and our bank financing fell through 3 weeks before closing. Alpine stepped in and funded the bridge within a week. Expensive at 12% but it saved the deal. They were professional and communicated clearly throughout.

— James T.

Reviews are moderated before publishing. Share your honest experience.

Quick Facts
Min Loan$100K
Max Loan$10.0M
Max LTV (1st)75%
Max LTV (2nd)65%
Approval Speed48–72 hours
Bad Credit OKYes
Self-Employed OKYes
Loan Types Offered
1st Mortgage2nd MortgageConstruction LoansLand LoansCommercial Mortgages
Regions Served
  • Metro Vancouver
  • Fraser Valley
  • Victoria & Vancouver Island
  • Okanagan
  • Interior BC
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Disclaimer: BCPrivateLoans.ca is a private mortgage directory and information resource. We are not a mortgage broker, lender, or financial advisor. Lender profiles are provided for informational purposes only. Always consult a licensed mortgage professional before making any financing decisions. Rates and terms shown are indicative and subject to change. This is not an offer to lend.

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