a mother, father and child eating breakfast at a dining room table, highlighting buying a second home

Buying a Second Home or Home For a Family Member

Matthew Jackson Mortgage Tips

Did you know that you can purchase a second home within your same city and outside of it? Your second home may also be a vacation property or a property for a family member who cannot qualify currently themselves.  In this blog post, we’ll go over both scenarios and explain how it may work for you and your situation.  Buying …

Small words on a chalkboard surrounding one bigger word, mortgage; referencing conventional mortgage types

The Advantages of a Conventional Mortgage (20% or More Equity)

Matthew Jackson Mortgage Tips

If you’ve spoken to your bank or a mortgage broker, you’ve probably heard the term “conventional mortgage”. It may honestly feel a little daunting speaking to a professional and not fully understanding the different types of mortgages and what everything means.  I’m here for you! In today’s blog, I’ll be sharing the advantages of going with a conventional mortgage.  Conventional …

Closeup of hands signing a document with a wooden house model on desk; highlighting a home equity line of credit (HELOC)

Home Equity Line of Credit

Matthew Jackson Mortgage Tips

Have you heard the term Home Equity Line of Credit (HELOC), but aren’t completely sure you understand what that means? I understand that sometimes mortgage terms are hard to understand, so I want to ensure that you know I’m here for you. Both for your mortgage needs and for you to understand loan terms. In this blog post, I’m going …

a front with steps leading up to it, surrounded by greenery; highlighting fixed vs variable mortgages when planning on selling in less than 5 years

Selling Your Home In Five Years? Rethink A Fixed Mortgage!

Matthew Jackson Mortgage Tips

Here’s the situation…  you’re buying a new home and you’re so excited! But you know that this is a transition home that you will sell within five years. This home will last you for a couple of years before you’re ready to buy your forever home that’s bigger for your family, or maybe even in a different neighbourhood or city. …

A hand giving a set of keys to an out-of-focus couple with hand out to receive; highlighting mortgage brokers fitting with a lender

How Do Mortgage Brokers Fit You With A Lender?

Matthew Jackson Mortgage Tips

People often ask me, “Why should I use a mortgage broker instead of my bank?” It’s a question that I understand why I’m asked because sometimes people don’t realize what a mortgage broker does differently than a bank.  Many people were brought up being taught that they just travelled to their local branch for anything related to finances. But, times …