First Island Financial Services Ltd.

First Island Financial Services Ltd. Est. in 1973, a Mortgage Investment Company (MIC) based in Victoria BC. Our fund pools capital from investors to lend in secured real estate in B.C. and AB.

Established in 1973, First Island Financial Services Ltd. is a pre-eminent commercial mortgage lender and real estate investment firm based in Victoria, British Columbia serving Vancouver Island, British Columbia and Alberta.
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Whether the projects involve land acquisition, development, residential or commercial construction, First Island provides interim financing to property developers and build

ers. We achieve higher-than-average rates of interest for our real estate and commercial mortgage investors.
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For over 40 years, First Island has based its success on a thorough evaluation process of borrowing applicants and our in-house real estate investment and construction financing expertise. As a Mortgage Investment Corporation (MIC), we hold first-class real estate mortgages and operate with proven investment criteria.
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As a lender, we fill a needed role for builders and investors with funds available for all types of interim real estate financing.

Quarterly Update: January 31, 2026 = 5.70% p.a to our investors ✨We will be accepting new funds during our upcoming shar...
02/03/2026

Quarterly Update: January 31, 2026 = 5.70% p.a to our investors ✨

We will be accepting new funds during our upcoming share opening beginning February 18. Please contact our office to add funds to your account. New investors always welcome, our referral program is ongoing! ⭐️

Quarterly Update: October 31, 2025 = 5.70% p.a to our investors ✨We will be accepting new funds during our final share o...
11/04/2025

Quarterly Update: October 31, 2025 = 5.70% p.a to our investors ✨

We will be accepting new funds during our final share opening of the year beginning December 10th. Please contact our office to add funds to your account. New investors always welcome, our referral program is ongoing! 🍂

Quarterly Update: July 31, 2025 = 5.80% p.a to our investors ✨We will be accepting new funds during our upcoming share o...
08/05/2025

Quarterly Update: July 31, 2025 = 5.80% p.a to our investors ✨

We will be accepting new funds during our upcoming share opening beginning September 8th. Please contact our office to add funds to your account. New investors always welcome, our referral program is ongoing! ☀️

Quarterly Update: April 30, 2025 = 5.95% p.a to our investors ✨We will be accepting new funds during our upcoming share ...
05/05/2025

Quarterly Update: April 30, 2025 = 5.95% p.a to our investors ✨

We will be accepting new funds during our upcoming share opening beginning June 18th! Please contact our office to add funds to your account. New investors always welcome, and for our current investors a reminder that our referral program is ongoing! 🌷

03/06/2025
Quarterly Update: January 31, 2025 = 5.95% p.a We will be accepting new funds during an upcoming share opening beginning...
02/05/2025

Quarterly Update: January 31, 2025 = 5.95% p.a

We will be accepting new funds during an upcoming share opening beginning February 18th! Please contact our office and speak with Alyssa Catinus to add funds to your account, this includes contributions towards your RRSP and TFSA. New investors always welcome, our referral program is ongoing! ✨

This holiday season First Island has chosen to support CFAX Santa’s Anonymous Society, one of Greater Victoria’s longest...
12/12/2024

This holiday season First Island has chosen to support CFAX Santa’s Anonymous Society, one of Greater Victoria’s longest running children’s charities, working diligently to serve families with children in need. Thanks for all you do CFAX Santas Anonymous ✨🎅🏼🤶🏻

Do you contribute to your Tax-Free Savings Account (TFSA) each year? Or perhaps you’re considering opening a new account...
12/09/2024

Do you contribute to your Tax-Free Savings Account (TFSA) each year? Or perhaps you’re
considering opening a new account… well the Canada Revenue Agency has confirmed that the
contribution limit will be $7,000 in 2025. Mark your calendars and we hope to hear from you in the New Year! 🗓️✨

Quarterly Update: October 31, 2024 = 6.11% p.a Note we will be accepting new funds during an upcoming share opening begi...
11/04/2024

Quarterly Update: October 31, 2024 = 6.11% p.a

Note we will be accepting new funds during an upcoming share opening beginning November 18th! Please contact our office and speak with Alyssa Catinus to add funds to your account or begin your investment journey with FIFS!

For our most recent quarter-end of July 31, 2024, we are pleased to report interest @ 6.250% p.a.We are accepting new fu...
08/06/2024

For our most recent quarter-end of July 31, 2024, we are pleased to report interest @ 6.250% p.a.
We are accepting new funds during our upcoming share opening beginning August 19, 2024. Please contact Alyssa Catinus at [email protected] for more information.

For our most recent quarter-end of April 30, 2024, we are pleased to report interest @ 6.250% p.a.We are accepting new f...
05/03/2024

For our most recent quarter-end of April 30, 2024, we are pleased to report interest @ 6.250% p.a.

We are accepting new funds during our upcoming share opening beginning June 12, 2024. Please contact Alyssa Catinus at [email protected] for more information.

For our most recent quarter-end of January 31, 2024, we are pleased to report interest @ 6.250% p.a.We are accepting new...
02/05/2024

For our most recent quarter-end of January 31, 2024, we are pleased to report interest @ 6.250% p.a.

We are accepting new funds during our upcoming share opening beginning February 20, 2024. This includes contributions towards your RRSP and TFSA.

Please contact Alyssa Catinus - [email protected] - if you would like to make a contribution to your investment account during that time.

Address

103-5122 Cordova Bay Road
Victoria, BC
V8Y2K5

Opening Hours

Monday 9am - 4pm
Tuesday 9am - 4pm
Wednesday 9am - 4pm
Thursday 9am - 4pm

Website

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