Michael Hapke is one of the founding partners of the Advanced Group of Companies and is the visionary behind the Mortgage Brokers Ottawa/City brand, Advanced Alternative Lending and Advanced Mortgage Investment Corporation, setting the strategic direction of all four of the companies.
Before founding MBCI, Mike worked for TD Canada Trust for over 18 years and gained considerable management experience in retail banking, learning and development and mergers/acquisitions. Notably, Mike played an active role on the project management team responsible for overseeing one of Canada’s largest mergers between TD Bank and Canada Trust.
In 2003 he decided to pursue a career in the mortgage brokerage Industry. In 2005 he formed his own mortgage brokerage operation with Frank Napolitano. In 2008 the pair successfully merged Ottawa’s two largest mortgage brokerage firms to form the current Mortgage Brokers City Inc. which now has over 100 licensed brokers and agents and originates nearly one billion dollars in mortgages on an annual basis.
As CEO of MBO/MBCI and the Advanced group of companies, Mike oversees the day to day operations and is always in tune with the real estate market which identifies both the risks and the opportunities. Mike’s hands on leadership approach gets him involved at every level of the business from , legal and audit to investors and borrowers.
Mike earned his Bachelor of Arts (law/psychology) at Carlton University. He completed the Mortgage Agents’ Course via Seneca College in 2004 and earned his Accredited Mortgage Professional Designation in 2005. He aquired his Mortgage Brokers license in 2010 and continues to grow his industry knowledge each and every year through industry conferences and continuing education courses.
Mike is the Ultimate Designated Person for Advanced Capital Corp. While he is not licensed as a dealing representative for the exempt market dealer, he completed the Canadian Securities Course in 1995.
Under his leadership, MBCI has been honoured with the Consumer’s Choice award in the “Mortgage Companies and Brokers” category for four consecutive years.
His work is regulated by the Financial Services Commission of Ontario under license number 12171 and 11759.
Mike remains committed to community service and is actively involved in the company charity committee and spends countless hours volunteering as a coach for his two sons’ hockey teams.