New condo in Kelowna, highlighting pre approval for a mortgage

Mortgage Pre-Approval

Matthew Jackson Mortgage Tips

Getting pre-approved for a mortgage before you head out and look for houses is something I highly recommend. It will enable you to know the price range you should be approved at when you make an offer on a property that you love.  Going into looking for a property blind, without knowing your approval rating, could set you up to …

A credit report document with a high credit score, sitting on a desk with a pen and keyboard

Building Your Credit Score

Matthew Jackson Mortgage Tips

As you go through the process of buying a home, you will be hearing a lot about credit scores. If your credit score is something you’ve never really paid much attention to, you’re going to have to change that!  In this blog post, I’ll be focusing on what most banks want to see for credit when you’re applying for a …

Couple sitting in a room day dreaming with line drawings around them of what their house could look like, highlighting alternative mortgages

Have You Considered An Alternative Mortgage?

Matthew Jackson Alternative Mortgages

As the world continues to change and evolve, so do mortgage rules. As a result of these changes, fewer people are qualifying for mortgages offered through traditional lenders such as the big banks. This is due to many factors, including the stress test.  Thankfully, big banks aren’t the only option available when it comes to getting a mortgage loan. In …

Downtown Kelowna on a clear blue day, highlighting buying a second property while renting out the first

How to Buy a Second Home and Rent Out the First

Matthew Jackson Mortgage Tips

You’ve been thinking about adding a second property to your real estate portfolio. You have the idea that with your second property, you’ll move into that one, have it become your owner occupied and then rent out your first home. Kudos to you! This is an exciting opportunity and with the right mortgage broker on your side, this adventure is …

A new home ready for sale, highlighting 5 Things You Shouldn't Do When Qualifying for a Mortgage

5 Things You Shouldn’t Do When Qualifying for a Mortgage

Matthew Jackson Mortgage Tips

Qualifying for a mortgage is a big process. A lot of information is gathered and a lot of it relies on everything staying the same during the qualifying time. Many people don’t know that a simple thing like purchasing a new car can wreck a whole mortgage qualification! But, sadly, it can and I’ve seen it happen a time or …

Toyota dealership at dawn, one of the many sales-driven jobs that are classified as variable employment that can affect a mortgage

Part Time Or Variable Employment Mortgages

Matthew Jackson Self Employed Mortgages

Your employment status means more to a lender than you may think. Your status is a strong indicator of your employer’s commitment to your continued employment. There are many differences when it comes to variable income and part-time work for getting approved for a mortgage.  In this blog post, I’ll explain what both of them mean, what the lenders want …

Hand writing on clear surface in black marker 'refinance your mortgage' with a map outline in the background

Is Refinancing Your Mortgage the Right Decision?

Matthew Jackson Refinancing

For homeowners, there may come a time when refinancing mortgages of your properties will be something you need to consider. Owning a home allows you the opportunity to build credit, grow equity and invest in your future.  As a homeowner, it’s important to understand all aspects of refinancing a mortgage. In this blog post, we’ll discuss what a mortgage refinance …

Establishing and Maintaining Good Credit

Matthew Jackson Mortgage Tips

You always hear about how important it is to have good credit. But, for a lot of people, they aren’t aware of how to get there. When you’re looking to buy a home in Canada, it’s crucial that you understand the importance of establishing and maintaining good credit.  In this blog post, I’ll explain what good credit looks like to …

Closeup of a hand holding a set of keys with a silver house keychain, highlighting the choice of securing a mortgage with a mortgage broker or bank

Mortgage Broker vs Bank – Who to Choose?

Matthew Jackson Mortgage Tips

Who should you go with for a mortgage, your bank or a mortgage broker? That’s the question I’ve been asked the most in the past eight years of being in business! I never get tired of answering it though because a lot of people don’t know the benefits of using a mortgage broker compared to just going with their bank.  …