New Mortgage Administration Company Launched to Help Consumers and Mortgage Brokers Across Canada Secure and Process Private Mortgage Financing

Ottawa, Ontario (PRWEB) June 27, 2012

Mortgage Brokers City, one of Canadas largest mortgage brokerage teams, is pleased to offer Canadian home buyers and home owners a wider range of private first and second mortgage options and competitive private mortgage rates than ever before through its new sister firm, Advanced Private Lending.

Advanced Private Lending is a licensed Mortgage Administration Company in the Province of Ontario, but has a wide network of Accredited Mortgage Professionals (AMPs) and Administrators across Canada who are licensed to serve consumers in the province where their property resides.

Michael Hapke, CEO of Advanced Private Lending said, “With roughly a billion dollars in annual mortgage volume on the Mortgage Brokers City/Mortgage Brokers Ottawa side, an increased need for private mortgage financing has become a necessity”.

Hapke went on to say, “Advanced Private Lending deals directly with investors, borrowers, and in many instances, assists other Mortgage Agents and Brokers from across Canada in funding their own financing deals. Advanced Private Lending has also made it easy for agents and brokers to submit deals by listing its services under the D+H/Filogix Expert System, a Web based mortgage origination solution developed specifically for mortgage brokers.

Advanced Private Lending recognizes the importance of accuracy and timely reporting to both borrowers and investors. Understanding their clients various needs, they decided to invest heavily in infrastructure and software automation to assist in the day-to-day operation of the administration company. This investment of time and resources has positioned the Advanced Private Lending team at the top of the industry and has aligned it well for growth with scalable systems, processes and technologies.

About Mortgage Brokers City Inc.

Mortgage Brokers City was first established in 2005 by Michael Hapke and Frank Napolitano. In 2008 they partnered with Jeff Cody and York Polk. With more than 20 years each of extensive banking and mortgage broker experience, the group set out to become one of Canadas leading brokerage firms. Today Mortgage Brokers City is one of the largest brokerages in Canada offering its customers mortgage advice, competitive mortgage rates & flexible mortgage options through its trusted lending partners.

About Advanced Private Lending

Advanced Private Lending was formed in 2012 and has quickly become a multi- million dollar administrator of private mortgage funding in Ontario. Advanced Private Lending deals directly with investors, borrowers and in many instances assists other Mortgage Agents and Brokers from across Canada in funding their deals.

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