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 …

Closeup of hand signing a document with a wedding ring on the table, highlighting mortgages through separation and divorce

Separation, Divorce And Your Mortgage

Matthew Jackson Separation Mortgages

Separation and divorce can impact a family on many levels. It’s most likely something you weren’t expecting when purchasing a house, but a divorce will also impact you and your family financially.  While it can be a stressful and messy process for all concerned, I want to take the time to write about how a divorce or separation will impact …

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 …

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 …

young girl playing in a moving box while parents watch, after choosing the right mortgage broker in their home buying process

5 Things to Consider When Choosing Your Mortgage Broker

Matthew Jackson Mortgage Tips

Choosing the right mortgage broker is a huge decision during the home buying process. There are several big-ticket items that people should consider when deciding on who to use as their mortgage broker.  In this article, I’ll share 5 things to consider and share where I place on all of these as well.   1. Education and experience. When you …

Multiple 3D words saying 'mortgage', with only one having a red bullseye underneath it; highlighting that Not All Mortgage Lenders Are Equal

Not All Mortgage Lenders Are Equal

Matthew Jackson Mortgage Tips

At this particular point and time not all banks are being fair in their qualifying of clients. An example of this would be the following. I have had several clients with 700+ credit scores, more than enough income and down payment to qualify but have had several banks decline them on a risk basis. These clients worked in, or were …

Model house sitting on a reflective surface with home keys and a calculator, highlighting bad credit and private lending mortgages

Bad Credit & Private Lending Mortgages

Matthew Jackson Alternative Mortgages

There can be many reasons for having to get a private or B lender mortgage. Some of the main reasons are the following: Damaged or bad credit Past bankruptcy or consumer proposal No credit Thin Credit (Haven’t had credit for very long) Collections Etc There are many reasons a client or clients may need to get a higher priced mortgage …