Ginkgo MIC Wins Gold as Top Alternative Lender in Canada, Voted by Mortgage Brokers Nationwide

Recognized in Canadian Mortgage Professional's "Brokers on Lenders 2024" Report

TORONTO, ON / ACCESSWIRE / September 9, 2024 / Dalena.Truong@ginkgomic.comDalena.Truong@ginkgomic.comGinkgo MIC, a leading mortgage investment corporation, is proud to announce its prestigious recognition as the Gold Medal Winner for Top Alternative Lender in Canada, as voted by mortgage brokers across the nation. The award was presented by Canadian Mortgage Professional (CMP) in their annual "Brokers on Lenders" Report for 2024.

Industry-Wide Recognition for Excellence

This honor underscores Ginkgo MIC's unwavering commitment to supporting mortgage brokers and their clients, a priority reflected in Ginkgo's "Fast, Friendly, and Flexible" approach to alternative lending. In addition to winning overall gold, Ginkgo was awarded medals in all 10 individual categories surveyed, highlighting the company's excellence across the board.

The CMP Brokers on Lenders survey is an annual benchmark in the mortgage industry, gathering feedback from mortgage brokers across Canada. It highlights lenders that go above and beyond in their service, with brokers evaluating key performance indicators such as service quality, turnaround times, and overall client satisfaction.

Dedication to Trust and Service

"We are incredibly honored to receive this esteemed award from CMP and, more importantly, from the mortgage brokers who place their trust in us every day," said Henry Tse, Founder and CEO of Ginkgo MIC. "From the outset, our goal wasn't to be the largest lender, but to build a reputation as the most trusted and reputable private lender in Canada. This recognition shows that we're succeeding in that mission."

Ginkgo MIC has always focused on building strong relationships with mortgage brokers. Understanding that collaboration is key to meeting the diverse needs of borrowers who may not fit traditional lending criteria. The company consistently demonstrated its ability to adapt to the evolving financial landscape, offering tailored lending options that meet the unique needs of its clients. Its innovative approach and personalized service have set it apart in a competitive market.

Technology as a Competitive Advantage

As part of its strategic growth, Ginkgo MIC has implemented cutting-edge technology solutions, including the development of its award-winning Ginkgo MIC Deal Tracker app. This mobile app enables mortgage agents to seamlessly submit deals, check their status, receive notifications, and track loyalty rewards-all in real time. The app, which won Ginkgo MIC the Gold Medal for IT and Technology, is a key factor in the company's rapid turnaround time, offering brokers the efficiency and support they need.

Fostering Partnerships with Agents

"Our success is driven by a simple principle: putting our mortgage agent partners first. We've built trust by listening to their needs and offering tailored solutions that make their jobs easier," Tse continued. "This award is a direct result of our team's dedication and hard work, and we look forward to continuing to push the boundaries of service excellence."

Ginkgo MIC has solidified its reputation through its innovative programs, including a loyalty and profit-sharing initiative that rewards agents not only for closing deals but also for renewing them. This, combined with incentives such as all-inclusive vacations for top agents, fosters a strong sense of community and partnership.

Looking Ahead

Ginkgo's dedication to excellence in customer service, transparency, and ethical lending practices empowers over 1,000 agents across Canada with its tailored solutions. As the company continues to grow and innovate, the company remains focused on its mission to empower agents with the financial tools they need to succeed. With this recognition as the Top Alternative Lender, Ginkgo MIC is poised to set new standards in the industry and continue its legacy of excellence.

For mortgage inquiries, please do not hesitate to contact our BDMs, Terence Yu at Terence.Yu@ginkgomic.com / +1 647-660-8106 or Dalena Truong at Dalena.Truong@ginkgomic.com / +1 416-722-2682.

For the full report, please see Brokers on Lenders 2024 Report.

About The Corporation: Ginkgo Mortgage Investment Corporation was founded in 2011 and serves across Canada as an alternative lender. The MIC provides dividends to investors through a diversified portfolio that is secured by properties primarily in the Greater Toronto Area (GTA), Greater Vancouver Area (GVA), Alberta (Edmonton and Calgary) and the Winnipeg communities. With over $172 million in assets under management, Ginkgo MIC has distributed more than $52 million in dividends to investors since its inception. 

Legal Disclaimers

This press release is intended for information purposes only and does not constitute an offer to sell or a solicitation to buy securities. No securities regulatory authority or regulator has assessed the merits of the information herein or reviewed this press release. Further, the contents of this press release should be read in conjunction with Ginkgo's offering memorandum dated November 30, 2023, as amended from time to time, a copy of which can be made available to you by contacting us. 

Past Performance; No Guarantees

Past performance is not a guarantee of future results and readers should not assume that the future performance of Ginkgo will equal or better Ginkgo's historical performance. 

Target yields with respect to Ginkgo's preference shares are merely targets determined from time to time by the Board of Directors in its sole discretion based on several factors including but not limited to the general economic conditions, local real estate markets and prevailing levels of interest rates. The payment of dividends is subject to the discretion of the Board of Directors to establish working capital and other reserves for Ginkgo. Readers should not confuse Ginkgo's target yields with Ginkgo's rate of return or yield. There is no guarantee that Ginkgo will be able to pay dividends at the levels targeted. The amount of dividends declared may fluctuate from time to time and there can be no assurance that Ginkgo will declare any dividends in any particular month or months or that Ginkgo will declare a special dividend in for the same amount or at all in subsequent fiscal periods. 

Forward-Looking Statements

Certain statements provided in this press release, to the extent that they relate to Ginkgo and its views or predictions about possible events, conditions or results of operations that are based on assumptions about future economic conditions and courses of action and includes future-oriented financial information with respect to prospective results of operations, financial position or cash flows that is presented either as a forecast or projection, may be "forward-looking statements" within the meaning of that phrase under applicable Canadian securities laws.

Although Ginkgo believes that expectations reflected in any forward-looking statements provided in this press release are reasonable, it cannot guarantee future results, levels of activity, performance or achievements. Forward-looking statements are based on the current expectations, estimates and projections of Ginkgo, and involve a number of known and unknown risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated.

The forward-looking statements herein are made as of the date they are provided in this press release. Except as otherwise required by law, Ginkgo does not intend to, and assumes no obligation to, update or revise any forward-looking statements it may provide in this press release, whether because of new information, plans or events or otherwise. Readers are cautioned not to place undue reliance on any forward-looking statements in this press release as there can be no assurance that the conditions, events, plans and assumptions on which they are based will occur.

Contact:

Ginkgo Mortgage Investment Corporation
www.ginkgomic.com
Terence Yu, BDM - Terence.Yu@ginkgomic.com, 647-660-8106
Dalena Truong, BDM - Dalena.Truong@ginkgomic.com, 416-722-2682

SOURCE: Ginkgo Mortgage Investment Corporation