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 …

hand holding a pen and cosigning a mortgage document

Should You Cosign a Mortgage?

Matthew Jackson Mortgage Tips

Cosigning a mortgage is a decision that should be thought out and carefully examined. Depending on the situation, there can be major repercussions that land on the cosigner if the borrower isn’t able to pay for the loan.  But, cosigning can also be a fantastic way to help a loved one qualify for a mortgage when they otherwise wouldn’t be …

A new home ready for sale, highlighting 5 Things You Shouldn't Do When Qualifying for a Mortgage

5 Things You Shouldn’t Do When Qualifying for a Mortgage

Matthew Jackson Mortgage Tips

Qualifying for a mortgage is a big process. A lot of information is gathered and a lot of it relies on everything staying the same during the qualifying time. Many people don’t know that a simple thing like purchasing a new car can wreck a whole mortgage qualification! But, sadly, it can and I’ve seen it happen a time or …

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 …

Front porch in blue with a dark door and outdoor furniture; highlighting the time to stat planning a mortgage

When Should You Start Planning Your Mortgage?

Matthew Jackson First Time Home Buyers

If you’re dreaming of owning your own home, the biggest thing that is holding you back from purchasing is most likely obtaining the funds. You might be questioning when the right time to start planning a mortgage is. Depending on whether it’s a purchase, refinance or renewal, the answer will different.  Owning a home is a big commitment, but one of …

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 …

Closeup of exhaust pipes of fancy car in a dealership; highlighting how buying a car impacts borrowing power

How Does Buying a Car Impact Your Borrowing Power?

Matthew Jackson Mortgage Tips

Buying a home is likely the largest financial purchase you’ll make in your lifetime. The second? More than likely, it’s your vehicle. And, did you know that your car loan can negatively impact your mortgage qualification when purchasing a home? When you apply for a mortgage, there’s a wide variety of information that you’re required to provide in order to …

Front of house with beautiful spring garden; highlighting booking a spring mortgage checkup

Have You Booked Your Spring Mortgage Checkup?

Matthew Jackson Mortgage Tips

The onset of warmer spring temperatures brings with it the chance for a fresh start. For many homeowners, this means a thorough spring cleaning of the house and yard to get ready for patio season and entertaining. But, it’s equally important to conduct a spring checkup on your mortgage as well. So often, homeowners lock into a mortgage term and …

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 …