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 …

hand holding panned credit cards, highlighting means of acquiring credit for a mortgage

Easiest Credit To Acquire When You Have Limited Or No Credit

Matthew Jackson Mortgage Tips

Do you have little to no credit, damaged credit or are just starting to build your credit? If so, this is the blog post for you! Being a mortgage broker, I have seen a lot of people in these situations. It’s never easy to build your credit when first starting out and it can sometimes take years to establish even …

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 …

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 …

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 …