About WEI Mortgage
WEI Mortgage is a Financial Services company based in Mclean (United States) founded in 2002, and was acquired by Arc Home in May 2016. Consumer mortgage loans are provided to individuals by WEI Mortgage. Its focus areas include Consumer and SME Loans, Consumer Loans, Asset-Backed Loans and Internet-First. Its competitors include Progressive Leasing, Frec and Heracles; 1 of its 3 listed competitors has raised funding.
Company details
WEI Mortgage was established in 2002 and is headquartered in McLean, United States. Operations are focused on the financial services sector, where consumer mortgage loans are offered to support home financing needs. Services include loan origination and processing for residential properties, with activities conducted primarily within the U.S. market. The companys domain, weicorp.com, serves as the online platform for these offerings.
- Headquarters Mclean, United States
- Stage Acquired
- SectorsFinancial Services
- Website weicorp.com
- Acquired by Arc Home (May 2016)
- InvestorsAngelo Gordon
& 1 more
- Acquired byArc Home
(May 2016)
Investors in WEI Mortgage
WEI Mortgage has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Angelo Gordon and Arc Home.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Company buyouts are targeted by this private equity firm. | 1988 | angelogordon.com | New York, United States | |
Arc Home is engaged in non-QM and non-agency mortgage lending. | archomeloans.com | Moorestown, United States |
Investor details for WEI Mortgage
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Timeline of WEI Mortgage
2 dated milestones of WEI Mortgage across 14 years, from founding to its latest funding, stage changes and deals.
- Founded WEI Mortgage is founded.
- Exit Acquired by Arc Home.
Competitors of WEI Mortgage
WEI Mortgage has 3 listed competitors in our database, 1 of them funded. They include Progressive Leasing, Frec and Heracles.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| progleasing.com | 1999 | Draper, United States | 1,142 | Online asset-based loans are provided to customers. | ||
| frec.com | 2021 | San Francisco, United States | $26.4M | 16 | Margin lending services are provided by Frec to financial clients. | |
| heraclescorp.com | 2019 | Burlingame, United States | Asset-backed credit cards are provided to consumers for debt reduction. |
Detailed competitors of WEI Mortgage
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Web traffic of WEI Mortgage
Websites that share an audience with WEI Mortgage (weicorp.com).
Websites whose visitors overlap most with WEI Mortgage. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| zillow.com | 100% | 321.9M | #68 | View details | |
themandisteam.com | themandisteam.com | 96% | – | ||
ripoffreport.com | ripoffreport.com | 69% | #597,940 | – |
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Related news about Wei Mortgage
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Frequently Asked Questions about WEI Mortgage
WEI Mortgage was founded in 2002.
WEI Mortgage is headquartered in Mclean, United States. It is registered at Mclean, Virginia, United States.
WEI Mortgage was established in 2002 and is headquartered in McLean, United States. Operations are focused on the financial services sector, where consumer mortgage loans are offered to support home financing needs. Services include loan origination and processing for residential properties, with activities conducted primarily within the U.S. market. The companys domain, weicorp.com, serves as the online platform for these offerings.
WEI Mortgage's top competitors include Frec, Progressive Leasing and Heracles.
WEI Mortgage has 2 investors. Key investors include Angelo Gordon, and Arc Home.
Yes. WEI Mortgage was acquired by Arc Home in May 2016.