Membership
Why Join?
Job Board
Member to Member Offers
Benefits, Discounts & Savings
>
Chamber Store
Chamber Local
1863 Impact Award
Questions & Answers
Join Now
Member Login
Member Directory
Events
Signature Events
>
Annual Auction
Business Awards
Business Hall of Fame
Business Leaders Series
Event Calendar
>
Chamber Events
Community Events
Event Photos 2023
Sponsorship
News & Advocacy
Weekly BizNews
>
BizNews Articles
Advocacy / Wins for Business
>
Advocacy Wins
Business Property Taxes
Advocacy Priorities
Chamber Chats
In the News
>
Published Op-Eds
Media Releases
Non-market housing
Find and keep workers
Business Matters Magazine
COVID-19
The Chamber 1863
1863-Indigenous
1863-Early Chamber
1863-History Events
1863-Booms and Busts
1863-Members & Communities
1863-Women, people and organizations
1863-Committees
1863-Chairs and Chair Businesses
About Us
Emerge
>
Emerge Events
Emerge Mentorship
Emerge Connect
Staff Directory
Board & Governance
>
Governors
By-Laws, Plans & Reports
Committees
Chamber History
Partners & Sponsors
About Victoria
>
Starting a Business
Moving Here
Visiting Victoria, BC
Contact Us
First Island Financial Services Ltd.
First Island Financial Services Ltd.
Search
|
Advanced Search
|
New Members
|
Coupons and Discounts
|
All Categories
 
Finance & Insurance
>>
Mortgages, Lending & Investments
First Island Financial Services Ltd.
101 - 727 Fisgard St
Victoria
,
BC
V8W 1R8
|
map
|
directions
Phil Wooster
(250) 388-5441 | fax: (250) 361-9160
Visit Site
Connect With Us
OUR CORPORATE CULTURE
Preservation of your Capital
is our first concern;
How do we accomplish that? Registered security of First Mortgages only
Risk vs Reward
we currently achieve rates of ±5%;
Could we provide higher returns? Yes, but higher returns mean higher risks, this is not our culture.
Real Estate experience;
First Island has been successful in the mortgage lending/investing business since 1973.
Local Ownership;
First Island is owned by a number of successful Victoria businessmen, who invest their own funds along with yours.
Specialized in Real Property financing;
Our in-house Mortgage Underwriter thoroughly researches a mortgage application then presents it to our
Lending Committee
. The committee is made up of no less than 5 members, each having a background in land development, construction, or an associated industry.
Expertise in Construction;
Lending to a maximum of 75% of the appraised project value. Construction loan draws are reviewed and inspected by Professionals to ensure actual work-in-place matches loan proceeds advanced.
Long term relationships with Builders/Developers and Investors;
We have earned the trust and respect from builders because of our strict lending guidelines, and the ability to see the builders' vision. Our Investors continue to enjoy the above average returns from the success of our select mortgage investments.
Own our Head Office building;
Located at 727 Fisgard Street, Victoria, BC
Affiliations;
Better Business Bureau, Greater Victoria Chamber of Commerce, Financial Institutions Commission, BC Securities Commission, Urban Development Institute and the Real Estate Institute of British Columbia.
Member Since: 1987
Send a message to:
First Island Financial Services Ltd.
Your Name
:
Your Email
:
Subject
:
Message
:
(
Date
:
3/29/2023
)
If your business isn't here,
contact us
today to get listed!
Chamber Partners
Membership
Why Join?
Job Board
Member to Member Offers
Benefits, Discounts & Savings
>
Chamber Store
Chamber Local
1863 Impact Award
Questions & Answers
Join Now
Member Login
Member Directory
Events
Signature Events
>
Annual Auction
Business Awards
Business Hall of Fame
Business Leaders Series
Event Calendar
>
Chamber Events
Community Events
Event Photos 2023
Sponsorship
News & Advocacy
Weekly BizNews
>
BizNews Articles
Advocacy / Wins for Business
>
Advocacy Wins
Business Property Taxes
Advocacy Priorities
Chamber Chats
In the News
>
Published Op-Eds
Media Releases
Non-market housing
Find and keep workers
Business Matters Magazine
COVID-19
The Chamber 1863
1863-Indigenous
1863-Early Chamber
1863-History Events
1863-Booms and Busts
1863-Members & Communities
1863-Women, people and organizations
1863-Committees
1863-Chairs and Chair Businesses
About Us
Emerge
>
Emerge Events
Emerge Mentorship
Emerge Connect
Staff Directory
Board & Governance
>
Governors
By-Laws, Plans & Reports
Committees
Chamber History
Partners & Sponsors
About Victoria
>
Starting a Business
Moving Here
Visiting Victoria, BC
Contact Us