{"id":105,"date":"2020-02-27T22:52:38","date_gmt":"2020-02-28T06:52:38","guid":{"rendered":"https:\/\/wiibid.com\/?p=105"},"modified":"2021-03-25T11:51:56","modified_gmt":"2021-03-25T18:51:56","slug":"alternative-lender-mortgages","status":"publish","type":"post","link":"https:\/\/wiibid.com\/?p=105","title":{"rendered":"Facts About Alternative Mortgage Lenders"},"content":{"rendered":"<div style=\"min-width: 300px; width: 60%; margin-right: auto; margin-left: auto;\">\r\n<p>Everyone likes to believe that they will qualify for the best rates and terms when they start shopping for a mortgage, but this isn\u2019t always a reality.<\/p>\r\n\r\n\r\n\r\n<p>Most residential mortgages will fit into three categories:<\/p>\r\n\r\n\r\n\r\n<ul class=\"wp-block-list\">\r\n<li>\u201cA\u201d lenders \u2013 Chartered banks, credit unions, and monoline mortgage companies. These lenders offer the best rates and terms including insured mortgage products.<\/li>\r\n<li>Alternative lenders \u2013 These are regulated, mortgage lenders. They are banks, trust companies, and monoline mortgage companies. Rates are slightly higher and there may be fees to set up the mortgage. Many of these companies also offer \u201cA\u201d products to their clients.<\/li>\r\n<li>Private lenders \u2013 Investment companies and private individuals who are willing to lend their funds and typically have higher rates and fees while offering shorter terms.<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<p>An increasing number of homeowners are now turning to alternative lending solutions for a variety of reasons including it being more difficult to qualify for a mortgage with the tougher qualifying rules.<\/p>\r\n\r\n\r\n\r\n<p>Here are a few situations where an alternative lender &#8230;<\/p>\r\n\r\n\r\n\r\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-background has-vivid-cyan-blue-background-color\" href=\"https:\/\/www.castanet.net\/news\/Mortgage-Matters\/269569\/Alternative-lender-mortgages noopener noreferrer\" target=\"_blank\" rel=\"noopener noreferrer\">Read more on castanet<\/a><\/div>\r\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Everyone likes to believe that they will qualify for the best rates and terms when they start shopping for a mortgage, but this isn\u2019t always a reality. Most residential mortgages will fit into three categories: \u201cA\u201d lenders \u2013 Chartered banks, credit unions, and monoline mortgage companies. These lenders offer the best rates and terms including [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":4066,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[9,8,6,10],"class_list":["post-105","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-important-news","tag-alternative-lender","tag-lender","tag-mortgage","tag-private-lender"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Alternative Mortgage Solutions |\u00a0WiiBid<\/title>\n<meta name=\"description\" content=\"Many homeowners turn to alternative lending solutions like WiiBid for a variety of reasons including it being more difficult to qualify for a mortgage.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wiibid.com\/?p=105\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Alternative Mortgage Solutions |\u00a0WiiBid\" \/>\n<meta property=\"og:description\" content=\"Many homeowners turn to alternative lending solutions like WiiBid for a variety of reasons including it being more difficult to qualify for a mortgage.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wiibid.com\/?p=105\" \/>\n<meta property=\"og:site_name\" content=\"WiiBid\" \/>\n<meta property=\"article:published_time\" content=\"2020-02-28T06:52:38+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-03-25T18:51:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/secureservercdn.net\/198.71.233.66\/27l.08b.myftpupload.com\/wp-content\/uploads\/2021\/03\/Facts-About-Alternative-Mortgage-Lenders-Blog-Resize.jpg?time=1665182602\" \/>\n\t<meta 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