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 …

Downtown view of Kelowna Grand Hotel and marina; highlighting Kelowna mortgages and faqs

8 FAQs on Getting a Mortgage in Kelowna

Matthew Jackson Mortgage Tips

Qualifying for a mortgage in Kelowna is possible and within reach for you. When it comes to qualifying, finding a mortgage broker near you and securing your perfect home, I’m here to help! In this blog, I’ll go over some frequently asked questions (FAQs) about qualifying for a mortgage in Kelowna.    1. Where can a down payment come from? …

New condo in Kelowna, highlighting pre approval for a mortgage

Mortgage Pre-Approval

Matthew Jackson Mortgage Tips

Getting pre-approved for a mortgage before you head out and look for houses is something I highly recommend. It will enable you to know the price range you should be approved at when you make an offer on a property that you love.  Going into looking for a property blind, without knowing your approval rating, could set you up to …

Man holding a toy bridge with a plastic model house and calculator in the foreground, referencing Mortgage Bridge Loans

Mortgage Bridge Loans

Matthew Jackson Mortgage Tips

In this post I am going to talk about mortgage bridge loans, used for buying another property before your current property sells. We’ll cover what bridge loans are, and the difference between purchasing a home with and without a bridge loan. Let’s get started!   What is Bridge Financing in Canada? In Canada, bridge financing means acquiring a loan that’s …

Downtown Kelowna on a clear blue day, highlighting buying a second property while renting out the first

How to Buy a Second Home and Rent Out the First

Matthew Jackson Mortgage Tips

You’ve been thinking about adding a second property to your real estate portfolio. You have the idea that with your second property, you’ll move into that one, have it become your owner occupied and then rent out your first home. Kudos to you! This is an exciting opportunity and with the right mortgage broker on your side, this adventure is …

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 …

House outline made out of wood pieces with hammer and nails lying next to it on table, highlighting purchase plus improvement mortgages

Could You Benefit from a Purchase Plus Improvements Mortgage?

Matthew Jackson Mortgage Tips

While there seems to be a virtually endless supply of real estate listings available when you’re searching for your perfect place to call home, finding the right property that meets both your functional needs and your budget is not always an easy task. You may find a house with the perfect layout in your ideal neighbourhood, but the interior needs …