8Twelve Mortgage Corp. Announces Launch of their new brokerage business

Toronto, Canada, 4th September, 2018, 8Twelve Mortgage announces it has launched its new business operations and is open for business.

Getting a mortgage is often the largest financial commitment Ontarians make and many homebuyers find that there are several benefits to using a mortgage broker or mortgage agent. Mortgage brokers/agents provide options and information to guide consumers through the mortgage application process.

Consumers are experiencing problems getting approved by conventional banks: “20% more mortgages are being denied by big banks”, says the Financial Post in a February, 2018 article outlining the impact of new credit rules on consumer applications. While a published average mortgage approval rate (US) is 88.2%, our brokers have proven to regularly reach approval rates in the 95% range. Clearly 8Twelve Mortgage Brokers are seeing higher success rates, in part due to access to a variety of funding sources. Ontarians who use a mortgage brokerage to get a first mortgage or refinance do it faster and at a better rate. In addition, customers found the mortgage process less stress with the help of a broker, while getting benefits of comparative shopping, and higher levels of satisfaction.

What differentiates 8Twelve is its three core values it has built its business on, which are customer-first, integrity and responsiveness. We spend time with our customer understanding their particular situation and needs before we even start the search for the best mortgage option. We do what we say and say what we do – we believe in transparency and survive on customer referrals, which are earned through our honesty and skills. We are flexible in how we conduct business: we’ll call, fax, email or text, and we’ll come to your home or meet you in our offices, at almost any hour to suit your needs.

8Twelve specializes in: first home buyers, mortgage renewals, renovation financing, mortgages for new Canadians or those with poor credit, CHIP reverse mortgages, access to equity and mortgages for investment property or second homes.

8Twelve Mortgage is a new and exciting company founded by a team of expert mortgage specialist with decades of experience. Co-founder Gary Fooks says “we are passionate about helping people achieve their goals of purchasing their biggest asset, renovating, constructing or adding to their investment portfolio. One of the most important aspects of our service is to ensure that our clients have a thorough understanding of their situation and what will work best for them now and in the future. Our high level of commitment, attention to detail, access to the latest and best market information, and availability, means that our clients have all the facts to make decisions that work for them.  Our goal is to provide a smart solution tailored to every client individually and to find the best product to ensure a smooth process. We welcome the opportunity to help you with your lending needs.”

Loyal customers recommend us:

·       “… he won’t give up until you’re happy and that is my personal outlook and attitude so I highly respect meeting and working with people with the same work ethic and principles,” says customer Jordan Levy.

·       “.. above and beyond to answer all our questions, was available at all hours, provided us with detailed updates and found us a very competitive rate. Gary even drove to our house, on his day off, to help us with signing papers, because my wife had dislocated her knee and was unable to travel. I could not be more pleased with the level of customer service and we will definitely be dealing with Gary for the remainder of our mortgage,” says customers Brien and Kelly, from Cambride ON.

·       “… very knowledgeable at what he does. He went above and beyond to help me get a great rate, I will definitely recommend him to anyone without blinking an eye. You make me feel comfortable during the whole process. I just want to say a big thank you for everything you have done for me and my family” says customer Pat Ejenavi

 “We started this company because we wanted to enhance the experience customers have when working with a mortgage agent”, says Co-founder and Principal Broker Akber Abbas. “We have developed a unique 8 step process that we work around the clock to make sure we deliver the best experience for our customers. Hence the name 8Twelve!”

Fully licensed by the Financial Services Commission of Ontario (FSCO 13072) 8Twelve mortgage professionals have met specific education, experience and suitability requirements.

8Twelve Mortgage Corp. is a premier full-service mortgage brokerage whose brokers have experience servicing Ontario-wide communities for decades. The firm helps customers get the best mortgage they possibly can.