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Mortgage Administration & Servicing
Trying to manage your own private mortgage could be a daunting task, especially if you have more than one.
Get help underwriting your mortgages and loans
Administering a mortgage loan is the servicing required after the loan agreement or mortgage commitment has been executed (i.e. the underwriting is complete). But it all starts with proper underwriting. Our professionals, including lawyers and other qualified mortgage agents and brokers, at Mortgage Administrator can facilitate the mortgage underwriting and drafting of the loan agreement or mortgage commitment.
At any time you can retain us as your loan administrators
Typically our mortgage lender clients outsource their loan administration once the loan closes (which we handle as well). Borrowers will also receive a letter that explains that we will be administering the mortgage loan on behalf of our lenders.
We are the backbone of your mortgage and loans
Mortgage lenders should be busy evaluating potential borrowers’ creditworthiness, the equity left on the collateral property and issuing loans. Rather than creating a separate department to service your loans, its often best to outsource this function to Mortgage Administrator that specializes in mortgage and other loan closings, mortgage (or any type of loan) administration and mortgage enforcement, including power of sales and foreclosure, or enforcing recovery of any other type of loan.
Get a Free and Confidential Consultation with our Experts
If you find yourself in need of any advice regarding Mortgage Administration and Fund Management such as investor relations and raising capital for your Mortgage Investment Coporation, do not hesitate to contact us.
Fund Management & Investor Relations
Mortgage Administrator prides itself on knowing all that it takes to manage and operate a Mortgage Investment Entity, such as a MIC or a Mortgage Investment LLP.
As pioneers in this industry, with over 60 years of combined experience, we can assist you with:
Preparing your initial Offering Memorandum, Subscription Agreement and business plan to provide your investors and shareholders.
Navigating through the intricacies of completing a subscription agreement, the exemption from prospectus certificates and acknowledgements, the know your client (KYC) and know your product (KYP) forms.
Completing your exempt distribution reports and filing them with the securities commissions and regulators in a timely manner.
Issuing and delivering certificates, units or shares to investors, partners or shareholders, and updating the required resolutions, registers and ledgers.
Completing corporate matters including acquisitions and amalgamations.
Regulatory changes and updating the offering memorandum, subscription agreement, exemption forms and certificates and any other requirements of matters of compliance.
Operational matters such as investing in mortgage portfolios and lending on mortgages secured against residential and commercial real estate.
Underwriting simple and complex mortgage loans taking into consideration the lending parameters of the Mortgage Fund and the needs of the borrower, balanced between their ability to pay and the collateral available to secure against.
Putting together the deal terms of co-lending arrangements and drafting inter-lender agreements in a syndication or prioritized lending consortium.
Closing your mortgage loan transactions, including drafting the required security documents, completing title and off title searches, advising on any further inquiries of the borrowers, guarantors and collateral, registering and perfecting the security.
Demanding payment, collecting arrears, enforcing the mortgages and any remedies available under the security documents, laws and regulations, including power of sales and foreclosures.
Get a Free Demonstration of Our Services
Contact us now to get a free demonstration of our services, including an example of our reports and online portals for you and your investors!
Our Team of Experts Keeps Growing!
Here to serve for over 12 years, our legal experts are skilled at enforcing debt collections of all kinds, including the laws and regulations regarding mortgages, finance and commercial law in general, and have years of experience in Ontario.
Jeff Levy
Founder & Lawyer - Email is [email protected]; Tel is 416-477-5941
Mr. Levy represents mortgage investment corporations (MICs), mortgage funds, mortgage brokerages and administrators from all provinces wanting to extend loans in Ontario. Jeff works with many MICs, mortgage lenders, including private lenders, and lenders of all kinds from nearly every province in Canada, including British Columbia (BC), Manitoba, Alberta, and the maritime provinces. Jeff Levy is extremely experienced in understanding complicated mortgage loan agreements with multi-collateral structures, diverse payments and elaborate recovery provisions for every unique situation. His long history of experience in mortgage enforcement, power of sale, and foreclosures, has given him the knowledge to foretell viable exit strategies at the loan origination stage of almost every single mortgage deal.
Ruchir Shah
Office Manager - Email is [email protected]; Tel is 416-777-2244 x 840
Ruchir has over 10 years experience in Real Estate transactions and he works alongside lawyers and his fellow clerks with all aspects of a real-estate transaction. His responsibilities include mortgage origination and underwriting, searching title, drafting mortgage commitments and agreements of purchase and sale, completing and reviewing searches as per security requirements, meeting with clients, drafting requisition letters, completing off title searches, preparing transaction closing documents, preparation and submission of documents with respect to title transfers and preparation and registration of various estate related conveyancing documents. Over the years Ruchir has also developed strong relationships with real-estate agents and mortgage brokers because of his value add alliances.
Shervin Rismani
Lawyer - Email is [email protected]; Tel is 416-777-2244 x 860
Shervin focuses on mortgage enforcement work, including power or sales and foreclosures, and advises institutional as well as private lending corporations and individuals on a broad range of matters, including secured financing, securitization, construction financing, enforcement, joint ventures, operating contracts, inter-lender agreements, postponements and standstill disputes as well as mortgage enforcement and recovery. Shervin greatly enjoys working closely in both the private mortgage and equipment leasing and financing space, and focuses immensely on working hand in hand with his clients in all aspects of a loan transaction. This often includes getting involved from the very beginning during the underwriting stages to enforcement proceedings and recovery.
Looking for a strong legal team to support your mortgage and loan business?
That's where we can help. Working closely with law firms all across Canada, we can make suggestions based on fit and affordability!