Woman drawing a house shape on a transparent screen, highlighting conventional mortgages and how to get a HELOC

A Conventional Mortgage and How to Get a HELOC

Matthew Jackson Mortgage Tips

Are you interested in learning more about conventional mortgages and how to get a Home Equity Line of Credit (HELOC)? It can seem pretty daunting if you don’t have experience with real estate, or have friends and family who have gone through the process themselves.  There are so many things to know, terms to understand and financials to consider. Thankfully, …

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 …

Sharpie drawn stick people isolating in homes on paper cutout; highlighting mortgage payments during the COVID-19 crisis

Mortgage Payments During the COVID-19 Crisis

Matthew Jackson Mortgage Tips

While the world may seem like it’s completely different than it was a month ago, I wanted to shed some light on the mortgage situation. If you’ve been required to go into self-isolation or have been laid off from work, you are probably questioning how you’ll make your next mortgage payment. In this blog post, I will share what the …

Modern white home highlighting a Home Equity Line of Credit

How to Benefit from a Home Equity Line of Credit

Matthew Jackson Mortgage Tips

Your home is a valuable investment. It offers a place for you and your family to live, grow and prosper. It also offers flexibility in terms of building equity. Here’s how to take advantage of the financial benefits. Taking Advantage of Home Equity Whether you’re looking for extra cash to cover renovations or repairs, or looking to consolidate high-interest unsecured …

Closeup of hands signing a document with a wooden house model on desk; highlighting a home equity line of credit

Home Equity Line of Credit

Matthew Jackson Mortgage Tips

In this column I am going to go over the qualifications and process you would normally go through to get a Home Equity Line Of Credit. The first step is you either need to have 20% equity in your home already or have 20% down payment minimum when you are purchasing. This allows you to enter into a conventional mortgage …