Winning the Bidding Wars in a Red-Hot Market
The market is the hottest it has been in sometime, due to record breaking mortgage rates and the increase in demand for relocating! Most of us relate when we say that the process of buying a new home can be stressful, and that is especially the case when it’s a seller’s marketing meaning that there tend to be multiple competing offers. If buyers have to compete with others over a property, wouldn’t it be nice to have multiple lenders compete with one and another to provide their customers the lowest rate? As the market continues in an upwards direction, mortgage rules are also becoming tighter, making mortgage approvals tougher and long-winded.
WiiBid is the first mortgage marketplace in British Columbia, leveraging auction technology to make the mortgage process simple, secure and results driven. When asked what the purpose and benefit of WiiBid, Mr. Amin Eskooch, CEO and Co-Founder, said: “WiiBid brings borrowers and lenders together.” The company is processing mortgages faster than ever, while mortgage-seekers are saving big time!
A revolutionary new way of obtaining a mortgage, combing technology and convenience, by submitting a single application, many lending parties are engaged to bid, saving both time and money. WiiBid is not just a mortgage calculator, but rather an end-to-end solution to help you get the lowest mortgage rates available.
Mr. Bains, a recent WiiBid customer saved 1.25% off his mortgage, which constitutes in significant savings down the line. When asked about the process, he said that he enjoyed using the platform and felt empowered as the lenders bid for his mortgage: “I got three offers at the auction in no time, without even having to talk to anyone.”
With over a billion dollars in lending capacity, the company is set to remove the stress and anxiety related to mortgage shopping. WiiBid is helping consumers get multiple offers from top lenders to save money, extra funding for renovations, refinancing, retirement, and so much more! Apply today or contact us at [email protected] for a consultation.