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 …

A white model home with a brick chimney and white shutters sitting on a hedge, highlighting mortgage renewals

Information on Mortgage Renewals

Matthew Jackson Mortgage Renewals

Are you close to the end of your mortgage term?  When you choose a fixed or variable rate mortgage, you choose a term where you are guaranteed a certain discounted rate at the bank from 6 months to 10 years. Once that term is near completion, normally your bank will send you a letter stating your renewal date and the …

A man in a blue shirt at a cafe looking at a paper document, concerned about missing a mortgage payment

Missing A Mortgage Payment

Matthew Jackson Mortgage Tips

There will be times in our lives when unexpected things happen and we find ourselves having trouble coping financially. The fear could be made greater when you calculate your bills and how much money you’re bringing in.  Things like a job loss, an unexpected illness, a death of a loved one, a divorce or a separation can all make this …

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 …

Closeup of a hand holding a set of keys with a silver house keychain, highlighting the choice of securing a mortgage with a mortgage broker or bank

Mortgage Broker vs Bank – Who to Choose?

Matthew Jackson Mortgage Tips

Who should you go with for a mortgage, your bank or a mortgage broker? That’s the question I’ve been asked the most in the past eight years of being in business! I never get tired of answering it though because a lot of people don’t know the benefits of using a mortgage broker compared to just going with their bank.  …

Ethnic couple smiling and looking at laptop in a beautiful home, securing a mortgage post covid-19

Mortgage Information to Know Post COVID-19

Matthew Jackson Mortgage Tips

British Columbia is beginning to open back up after the COVID-19 pandemic. It’s been over a month since BC announced it was taking the next step in the province’s restart plan.  Since this announcement, I’ve been receiving many questions about what this means for mortgages and those people looking to buy a house this year.  I thought it would be …

model house on a wooden surface with wooden letter blocks that read 'stay home', in reference to missed mortgage payments and the covid-19 pandemic

Missed Mortgage Payments and Mortgage Deferrals 

Matthew Jackson Mortgage Tips

There has never been a good time to miss a mortgage payment. While Canadian lenders stepped up and offered mortgage deferrals to those affected by COVID-19, there are still homeowners unable to make their mortgage payments.  According to Canadian Mortgage Trends, one in 20 homeowners said they missed a recent mortgage payment due to the pandemic. The survey from Forum …

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 …

Couple of the couch looking at a smartphone using social media

Your Social Media Posts Can Impact Your Mortgage Approval

Matthew Jackson Mortgage Tips

That’s right! In a time when so many people are openly posting about their lives online – from blogs and websites to Facebook and Instagram – it’s important to keep in mind that too much information at your lender’s fingertips can negatively impact your chances of getting a mortgage. As part of their research into whether they should lend you …

Wooden house keychain with keys, highlighting why to use a mortgage broker

Using a Mortgage Broker Is Your Best Option

Matthew Jackson Mortgage Tips

The home buying and mortgage processes can be cumbersome and stressful when navigating them alone. That’s why using a mortgage broker makes sense, regardless of whether you’re planning to buy your very first home or your fifth. I’ll get the lenders competing for your mortgage business when you’re purchasing property – as well as again at renewal or any time …