8Twelve Mortgage

Smarter Loans Expert Review for 8Twelve Mortgage

Reviewed by: Vlad Sherbatov, Mortgage Finance Analyst at Smarter Loans

Our Take

8Twelve Mortgage is a national mortgage brokerage built around choice, speed, and flexibility. Rather than lending directly, 8Twelve connects borrowers with a deep network of more than 65 lenders and thousands of mortgage products, covering everything from standard purchases to refinances, renewals, second mortgages, and commercial financing.

The strength of 8Twelve lies in access. With over $3 billion funded and a lender marketplace that includes prime, alternative, and private options, they are well positioned to help borrowers who fall outside the narrow approval boxes of big banks. This makes them particularly effective for complex files, including self-employed borrowers, homeowners with equity, and clients needing customized structures.

Who 8Twelve Mortgage Works Best For

8Twelve Mortgage works best for Canadians who want expert guidance and multiple lender options rather than a single bank’s product lineup. It is a strong fit for homeowners looking to refinance, access equity, or arrange second mortgages, as well as buyers who want competitive rates without shopping dozens of lenders themselves.

It is also well suited for borrowers with non-traditional income, credit challenges, or time-sensitive deals where a broker’s ability to pivot between lenders can make the difference between approval and decline.

Borrowers with very simple profiles who already qualify for the lowest advertised bank rates may find a direct bank application equally effective.

What We Like

The breadth of lender access is a major advantage. With dozens of lenders and thousands of mortgage variations, 8Twelve can tailor solutions instead of forcing borrowers into one-size-fits-all products.

We also like the national reach combined with relatively fast turnaround times. Approvals can happen in as little as 24 hours when documentation is in place, which is valuable in competitive housing markets.

The product range is another positive. Purchase mortgages, refinances, home equity loans, second mortgages, and commercial mortgages are all available under one brokerage umbrella.

Where 8Twelve Mortgage Could Improve

As with all broker models, the experience can vary depending on the specific advisor assigned to the file. Communication quality and speed may differ from case to case.

Funding timelines are not instant. While approvals can be quick, full funding often takes several days to a week, which is normal for mortgage transactions but worth noting for borrowers on tight timelines.

Rates advertised as starting points may not reflect what every borrower qualifies for, especially in higher-risk scenarios involving alternative or private lenders.

Is 8Twelve Mortgage Right For You?

8Twelve Mortgage is a strong option if you want choice, flexibility, and expert navigation of Canada’s mortgage landscape. It is especially valuable when your situation is complex, your income is non-traditional, or you need access to equity beyond what a single bank is willing to offer.

If your profile is straightforward and you already qualify for a top-tier bank rate, going direct may be simpler. But if you want a broker that can shop the market, structure creative solutions, and advocate on your behalf, 8Twelve Mortgage brings meaningful value to the table.

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