Company Market Research Report: 8Twelve
Company Overview
- Name: 8Twelve
- Mission: To revolutionize the mortgage industry by enhancing customer service, technology, and processes.
- Founded: 2018
- Founders: Gary Fooks and Akber Abbas
- Key People:
- Akber Abbas, COO
- Headquarters: 45 Sheppard Ave East, Suite 211, Toronto, Ontario, Canada M2N 5W9
- Number of Employees: Not explicitly available
- Revenue: No information is available
- Recognition:
- Known for negotiating with over 65 lenders to provide the best mortgage rates across Canada.
- Industry accolades such as Top Mortgage Workplace and Top Brokerage of 2020.
- Company's Notable Features:
- Uses over 7,000 mortgage solutions for a wide array of client needs.
- Industry-leading, AI-powered technology to streamline mortgage processes.
Products
- Overview:
- 8Twelve offers a broad range of mortgage brokerage services, explicitly designed to accommodate various client needs.
- Key Products:
- Home Purchase Mortgage Solutions:
- Tailored options for buying new homes.
- Refinancing Solutions:
- Services aimed at refinancing existing mortgages.
- Mortgage Renewals:
- Assistance in renewing home loans under better terms.
- Debt Consolidation:
- Provides consolidation options for debt relief, making financial management simpler through reduced payments.
- Self-Employed Financial Solutions:
- Specialized mortgage services for self-employed individuals who may not fit traditional banking criteria.
Recent Developments
- Recent Partnerships:
- Strategic partnership between 8Twelve Financial Technologies and Lotly to empower home buyers.
- Technological Advancements:
- Completion of SOC 2 Type 1 Security Compliance, enhancing customer data protection.
- Corporate Growth:
- Expansion into all major Canadian provinces offering mortgage services.
Community Outreach
- Philanthropic Initiatives:
- Engagement in initiatives such as the Victim Services of York Region and The 482 Collective, focusing on humanitarian aid and community welfare.
- 8Twelve's leaders contribute at the board level and help in essential service provisions and fundraising activities.
Contact Information
- Corporate Phone & Fax:
- Toll-Free: 1.877.812.8128
- Sales: 1.877.812.8123
- Local: 1.416.800.1052
- Email: info@8twelve.mortgage
- Operational Regions with Licenses:
- Ontario, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland & Labrador, Nova Scotia, Prince Edward Island, Québec, Saskatchewan, Yukon
This report summarizes the available data on 8Twelve, highlighting its initiatives, products, partnerships, and community engagement efforts within Canada's mortgage industry.