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High ratio mortgage

Get a great mortgage with a down payment of less than 20%

With a high ratio mortgage, you can buy a home even if you don’t have 20% to put down. It’s a great option for first-time buyers. Choose from a fixed or variable rate.

Our rates and terms

TermRateGet started
5-Year Fixed Rate Closed High Ratio
2.04%1Apply online
5-Year Variable Rate Closed High Ratio
1.45%1Apply online

When you get a high ratio mortgage you also need to get mortgage default insurance.

Learn more about mortgage insurance.

Get personalized advice

Our Mortgage Specialists can tell you more about how to get a mortgage and give you expert advice on becoming a home owner.

Want to do the math?

Find out how much mortgage you can afford or figure out your mortgage payment with our helpful calculators.

 

Be mortgage free sooner

We call it 20/20 prepayment. Pay off up to 20% more of your mortgage each year through a combination of prepaying more of your original principal balance and increasing your original mortgage payment.

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1. Create your profile.

Generally, we’ll hold any of our advertised rates for you for 90 days unless otherwise stated. No questions asked and no further commitment.
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2. Submit your application.

Then, we’ll provide you with your free credit score and send you a list of any other documents we need from you to complete your application.
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3. Get approved

Once your application is complete we’ll send you a final approval within a few business days.

Looking for something else?


Fixed rate mortgages

Lock in a great rate and enjoy interest and payments that stay the same even if the market shifts.

Variable rate mortgages

With a rate that goes up or down depending on the market, you could save on interest.

Construction mortgages

Build from scratch or improve a fixer-upper with options designed for construction and renovation.