7016514 Canada Inc. is a licensed mortgage administrator. The company does business as Advanced Alternative Lending (or “AAL”).

AAL is incorporated under the federal laws of Canada and is licensed as a mortgage administrator under Ontario’s Mortgage Brokerages, Lenders and Administrators Act, 2006, S.O. 2006, c. 29. AAL’s mortgage administrator license number is #12171.

Confirm AAL’s licensing here. This link will take you to the web site of the Financial Services Commission of Ontario (or “FSCO”) where you can confirm AAL is licensed in good standing. FSCO is the former regulator for mortgage brokers and administrators in Ontario. In 2019, FSCO was replaced by the Financial Services Regulatory Authority (or FSRA”), “an independent regulatory agency created to improve consumer and pension plan beneficiary protections in Ontario.”

As a mortgage administrator, AAL is permitted to manage mortgage investments on behalf of investors in accordance with the Mortgage Administrators Standards of Practice.

FSRA regulates the work of mortgage administrators like AAL including but not limited to the collection of borrower payments and the remittance of same to investors.

AAL is the Manager for Advanced Mortgage Investment Corporation (or “AMIC”).

AMIC is a “related issuer” and a “connected issuer” of AAL within the meaning of applicable securities legislation. See “Relationship Between the Corporation, the Manager and the Agent” in the AMIC Offering Memorandum for more information.

MEET THE TEAM

All members of the Advanced Alternative Lending team are able to discuss mortgage administration services.

Michael Hapke
President and CEO

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Jennifer Anderson
Investor Relations

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Andrew Malheiro
Compliance Officer

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Marvin Cajina
Corporate Finance

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Daniel Bissex
Underwriter

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