a closeup of two people signing insured mortgage papers on a wooden desk

Uninsured vs. Insured Mortgages: What’s The Difference?

Matthew Jackson Mortgage Tips

Are you looking for a mortgage, but aren’t sure the difference between uninsured mortgages or an insured mortgage? Well, you’re in luck, because this blog post will give you all of the information. I will chat through insured vs uninsured mortgages, who the insurance protects and how it’s different from home insurance.   Insured vs uninsured mortgages. When you receive …

A clock hung over a door handle with keys and a keychain of a house; highlighting the advantages of a conventional mortgage

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 …

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 man in a blue shirt at a cafe looking at a paper document, concerned about missing a mortgage payment

Missing A Mortgage Payment

Matthew Jackson Mortgage Tips

There will be times in our lives when unexpected things happen and we find ourselves having trouble coping financially. The fear could be made greater when you calculate your bills and how much money you’re bringing in.  Things like a job loss, an unexpected illness, a death of a loved one, a divorce or a separation can all make this …

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 …

model house on a wooden surface with wooden letter blocks that read 'stay home', in reference to missed mortgage payments and the covid-19 pandemic

Missed Mortgage Payments and Mortgage Deferrals 

Matthew Jackson Mortgage Tips

There has never been a good time to miss a mortgage payment. While Canadian lenders stepped up and offered mortgage deferrals to those affected by COVID-19, there are still homeowners unable to make their mortgage payments.  According to Canadian Mortgage Trends, one in 20 homeowners said they missed a recent mortgage payment due to the pandemic. The survey from Forum …

Sharpie drawn stick people isolating in homes on paper cutout; highlighting mortgage payments during the COVID-19 crisis

Mortgage Payments During the COVID-19 Crisis

Matthew Jackson Mortgage Tips

While the world may seem like it’s completely different than it was a month ago, I wanted to shed some light on the mortgage situation. If you’ve been required to go into self-isolation or have been laid off from work, you are probably questioning how you’ll make your next mortgage payment. In this blog post, I will share what the …

A clock, a miniature house, and piles of coins increasing in size; highlighting the options available for mortgage renewal

Renewing Your Mortgage? It’s Important to Weigh Your Options

Matthew Jackson Mortgage Renewals

Every time you’re in the market for a new mortgage, it’s beneficial to spend as much time considering your options as you did for your very first mortgage. This will ensure you save the most money possible throughout your mortgage term. A number of different factors such as the rate, term, amortization period, and prepayment will determine which mortgage is …

Couple with boxes on their heads sitting on floor in their new house, feeling stressed; highlighting the stress relief that Kelowna Mortgage Broker can provide in homebuying

Common Mortgage Mistakes & How to Avoid Them

Matthew Jackson Mortgage Tips

As is the case with many aspects of our lives, securing a mortgage on a new or existing home can be a lot less stressful – and a whole lot more straightforward – when we’re prepared. There are many common mortgage mistakes people make that are easily avoidable when you know the facts. Here are the top three mistakes and …