Tag: Alternative Lending
New Mortgage Company Puts the Power in Borrowers’ Hands
The Northshore News released an inciting article this March that covers WiiBid’s overarching goal of shifting the power dynamics within the mortgage industry by putting the power back in borrower’s hands. The newly released article outlines valuable statements from the company’s founder and Chief Executive Officer, Amin Eskooch who capitalizes on the lack of transparency […]
5 Reasons People Are Turning To Private Mortgages In 2021
Why opt for a private mortgage over a traditional mortgage? Every situation is different and there are a lot of variables however these are five of the main reasons why you would opt for a private mortgage over going to a bank. 1. Self-employed Someone self-employed who does not necessarily have a steady source […]
5 Tips to Get the Best Canadian Mortgage Rates in 2021
purchase of your life. Shopping for a quality mortgage product is a key ingredient in that journey a choosing the right home starts with choosing the right mortgage. While most mortgage shoppers often feel that getting approved for a mortgage is almost like winning a marathon, at WiiBid, we feel it’s the other way around […]
Private Mortgages Powered By Nobel Prize Winning Theory
Last year’s Nobel Prize in Economic Sciences was awarded to Paul Milgrom and Robert Wilson who have analyzed the function of auctions and have designed new auction formats that can be implemented for various platforms and products that are deemed challenging to sell traditionally. Well, what is auction theory? Auction theory is a selling model […]
Rejected by the Bank? Discover Alternative Financing Solutions!
When looking to secure a mortgage loan from a bank, there are several hurdles that borrowers need to leap over. This can be especially stressful combined with time-sensitive pressures – such as when trying to close a deal before another buyer swoops in with a better offer on your dream home. If the bank takes […]
New Digital Platform Featured on The Daily Hive!
Despite last years’ global pandemic, home sales in Metro Vancouver were 24.6% above the 10-year sales average for November. This dramatic increase in sales alludes to the fact that a higher number of people are applying for mortgages within the province.But the process of applying for, and securing a mortgage, doesn’t look the same for […]