Find out what's making INFIN8 the fintech of choice for real estate brokerages
RE/MAX Hallmark Group of Companies has become the latest real estate brokerage to ally with fintech 8Twelve, bridging the group’s real estate clients to 8Twelve’s mortgage financing solutions.
8Twelve streamlines the home-financing process with its proprietary platform, INFIN8, a one-stop solution that identifies the best mortgage solutions from the country’s largest pool of bank, alternative, and private mortgage products customised to suit clients’ needs.
INFIN8 has allowed 8Twelve to provide fast turnarounds and the assurance of secure and thoroughly researched mortgage solutions. The proprietary tech has driven the company’s success since its establishment in 2018.
“This agreement [between RE/MAX Hallmark and 8Twelve] highlights the strength of our proprietary technology in delivering financing solutions to the customers of any large-scale enterprise,” said 8Twelve’s president and chief information officer Akber Abbas. “With rising interest rates and tighter lending requirements, Canadians now more than ever need to know all their home financing options.”
8Twelve CEO Gary Fooks (pictured) added that 8Twelve and the RE/MAX group of companies shared the common ground of having well-established relationships within their respective client networks, and the common goal of providing homeownership to as many Canadians possible. “[Matching] clients with the best mortgage solution products provided by over 65 lenders [and over] 7,000 products makes this partnership the unmistakable choice for all mortgage and real estate services.”
The announcement follows a breakout year for 8Twelve, which was named an excellence awardee in two categories at the Canadian Mortgage Awards – brokerage of the year and digital innovation in a brokerage – last year.
RE/MAX Hallmark has had a full-service residential real estate brokerage since 1980 and is the biggest one among the RE/MAX group of companies. In the past year alone, RE/MAX Hallmark closed more than 29,000 real estate transactions, or a total value of over US$19.4 billion.