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 …

Road sign illustration that says 'bankruptcy questions? next exit' with an arrow pointing right; highlighting getting a mortgage while having a previous bankruptcy

Getting A Mortgage While Having A Previous Bankruptcy

Matthew Jackson Alternative Mortgages

Getting a mortgage while having a previous bankruptcy or consumer proposal can be difficult. While some banks won’t even consider giving you a mortgage, some lenders will provide you with a mortgage under certain conditions.  In this blog post, I’ll discuss the difference between a bankruptcy and a consumer proposal and what conditions you’ll have to comply with when you …

four vector graphic mobile phones with a range of poor to very good credit scores

Confused About Your Credit Score – You’re Not Alone

Matthew Jackson Mortgage Tips

Here’s a typical scenario: You and your spouse are applying for a mortgage loan. You’ve had credit for years with three or four credit cards, a car loan and a line of credit. You always pay the minimum obligation, and always on time. Your spouse, on the other hand, doesn’t use much credit, perhaps has only two or three credit …

Small wooden block house and silver key sitting on paperwork, highlighting credit scores and mortgage programs

Different Credit Scores and What They Fit For Mortgage Programs

Matthew Jackson Mortgage Tips

Credit is more important now than ever before. Equifax and Transunion recently changed how they calculate your credit score, with very good credit getting even higher and not so great going lower in most cases. I cannot explain exactly what they changed other than their formula for calculating, and that they put more emphasis on delinquencies and also positive factors …

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 …