The Right Lender for Your File.
Not every borrower fits neatly inside a big bank — and that's exactly why a mortgage broker exists. Working with many lenders means more doors to open, and a better chance of matching your situation to the right one.
The lending landscape
Canadian mortgage lending falls into a few broad categories. Each serves a different kind of borrower, and each has its own guidelines. Here's where each one fits.
A Lenders
Banks and prime lenders offering the most competitive terms for borrowers with strong credit and provable income.
B Lenders
Alternative lenders with more flexible guidelines for borrowers whose files fall just outside prime bank criteria.
Private Lending
Individuals and mortgage investment corporations offering shorter-term, equity-focused solutions for unique situations.
Commercial Lending
Financing for commercial, multi-unit and mixed-use properties, underwritten on the property and the business behind it.
Alternative Lending
A wider view of non-prime options — the space where B and private lending work together for harder-to-place files.
How a broker helps
A broker's job is to understand your file and steer it toward the lender most likely to work with it.
Rather than one bank's product shelf, a broker can present your file to a broad range of A, B, private and commercial lenders available through the brokerage.
Self-employed income, credit history, property type, timeline and down payment all shape which lenders are a realistic fit. A broker reads those signals and directs the file accordingly.
Lenders review the story your documents tell. Presenting income, assets and the property clearly and completely gives a file its best possible footing. See how files are assessed on our underwriting page.
Lenders we work with
Through 8Twelve Mortgage Corporation, Paul can access a wide network of lenders — from major banks and monoline lenders to alternative and private sources. Our lender information page gives an overview of the lenders available through the brokerage and what each tends to specialize in.
Lenders are referenced for information only; this is not an endorsement. Availability through 8Twelve Mortgage Corporation varies by lender, and any approval depends on the lender and the borrower's full application, property, documentation and lender guidelines. There are no guarantees.
Related pages
Not sure which lender fits?
That's what a broker is for — let's find the right match.