1 Dec, 2021
What is a high ratio mortgage, and what do you need to know about it?
Is a high mortgage ratio worth getting into, or is it best to stick to other mortgage options? Should I have a longer or a shorter amortization period…?
While all this can sound like complicated money-talk, it’s actually quite straightforward to understand, regardless of your experience in buying homes — or applying for mortgages.
In this article, we’ll talk about high ratio mortgages and their implications, while also breaking down this seemingly inaccessible mortgage jargon.
