Tag: Borrower
One-Stop Online Portal for the Best Mortgage Rates
Compare lenders and get approved from the comfort of your own home! Richmond News features WiiBid in their new article as a one-stop shop portal for borrowers to compare lenders and get approved from the comfort of their own homes. The article first highlights the problems many Canadian’s face when trying to obtain a mortgage. […]
New Mortgage Stress Test: Putting Your Stress Level to the Test?
Pandemic, Properties and Puppies have been the defining 3 P’s of 2020-2021. Hand in hand with the raging pandemic as we go through multiple waives, the property market is fizzling hot with Canadian sitting on unprecedented levels of household savings. Following 2-3 years of “government induced” cooling in the housing market in the years leading […]
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 […]
Bidding Wars & Tax Incentives In Real Estate
When the world changed this time last year, we saw unemployment rates at a low with the decrease in the housing market and mostly every other market. Today, a year later we now see the prices of homes in Canada on an uprise, with many homes going hundreds of thousands of dollars over not only […]
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 […]
DIY Mortgage Platform Featured In The Georgia Straight!
Buying a property and keeping up with the expenses can be stressful, which is why homeowners need the best mortgage rates possible. It’s not “Home Sweet Home” without a sweet mortgage! That’s why WiiBid, B.C.’s latest innovative mortgage and lending platform, helps consumers find low financing rates by using machine learning and auction technology. Consumers […]
6 Tips For Buying A Home In British Columbia
For most of us, buying a home is the largest purchase that we will make in our lives and there are a lot of factors to consider. Whether you are a first-time home buyer or are relocating from your existing home, the feeling can be overwhelming and there are a few things to keep in […]
Discover 10 Factors Impacting How Your Property Is “Assessed” in BC!
Ever wondered how property value is “assessed”? Let’s say you bought a two-bedroom condo in North Vancouver for $850,000, but BC Assessment values your new place at only $800,000, or imagine selling a detached house for $1 million, even though BC Assessment estimated the home value at around $900,000. Something seems a bit off here, […]
Will Mortgage Shopping Be The Next To Go Online?
Everybody knows that the COVID-19 Pandemic has had quite an impact on 2020 and will likely continue to do so for the years to come; but what does that mean for traditional mortgages? Well for starters this year more than ever, we saw a shift of traditional shopping from in-store to online, boosting the market […]
Impressions Matter – Renovate To Maximize Property Value
Almost everyone knows it’s a good idea to renovate before selling your property. A little paint, new lighting, and posh flooring can go a long way in helping you increase your potential revenue. This increase in property value after a renovation is also known as Return on Investment (ROI). Most homeowners are surprised to learn […]
Private Lending Solutions at Auctioned Rates
Looking for a private mortgage but want to make sure you are getting the best rate without spending valuable time shopping around? Look no further – WiiBid is your one-stop-shop! For the first time ever, lenders are bidding on mortgages! With WiiBid you can get “auctioned” rates which means you have a centralized marketplace to […]
British Columbia’s Latest FinTech Innovation
“The bank said No? — WiiBid is here to help!The problem is that many Canadian homeowners are weary of alternative mortgages and perceive the banks to be the only source of financing. While alternative and private lenders offer higher rates than the banks, they are far more flexible and much faster; especially when the situation demands it. […]