March 10, 2025
What Is a High-Ratio Mortgage? A Beginner’s Guide
Buying your first home can feel like climbing a mountain. There are so many factors to think about—down payments, interest rates, monthly budgets—and somewhere in the mix, you’ll hear the term’ high-ratio mortgage.’ If you’re scratching your head wondering what that means, don’t worry. I had the same reaction, too, when I was trying to buy my first home! But once I understood it, it was a huge relief. Today, I’ll break it down for you step by step so you can feel more confident navigating this big decision. What Are High-Ratio Mortgages? A high-ratio mortgage is a type of
