Solutions for borrowers, brokers and investors

Advanced Mortgage Investment Corporation: Company Information

Advanced Mortgage Investment Corporation, or AMIC, is a member of the Advanced Group of Companies and is a mortgage investment corporation (incorporated in the province of Ontario) offering preferred shares for purchase by accredited investors or to non-accredited investors as allowed under certain prospectus exemptions.

AMIC uses its pooled share capital to fund primarily residential mortgages in Ottawa and surrounding areas of Eastern Ontario.

While AMIC itself is not registered with or licenced by any provincially regulated entity, AMIC's related and connected companies are registered or licenced as follows:

  • AMIC is managed by Advanced Alternative Lending (7016514 Canada Inc.), a licenced mortgage administrator (Financial Services Commission of Ontario license #12171).
  • AMIC shares are sold by Advanced Capital Corporation (an exempt market dealer registered with the Ontario Securities Commission).
  • And while we accept applications only from licensed mortgage brokers and agents, six of the members of our management team are also licenced to deal in mortgages in the province of Ontario. These licences are issued by the Financial Services Commission of Ontario.

AMIC was incorporated on September 3, 2013, pursuant to the Canada Business Corporations Act (the “CBCA”). The head and registered office of the Corporation is located at 788 Island Park Drive, Ottawa, Ontario, K1Y 0C2. AMIC is registered extra-provincially in the Province of Ontario.



AMIC featured in Ottawa Business Journal

AMIC's president and CEO Michael Hapke was tapped by journalist David Sali of the Ottawa Business Journal to speak for the mortgage investment industry in a February 2019 article on alternative lending.

The full article is available here.