home > home mortgages > articles > types of mortgages > high ratio

Home high ratio mortgage loan

A high ratio mortgage loan is a mortgage-type you only have to make a down payment less than 25% of your home real estate's value to get.

This mortgage-type is hard to beat. It'll hook up with you for cheap! You only need a small down payment to get a high ratio mortgage loan. And a small down payment can make you a happy human.

When you only have to make a small down payment, it is very low cost for you to start owning a home or multi-residential real estate. And small down payments mean there are hardly any extra costs to go from renting to owning home real estate. They also make it very low cost for you to start renting out houses or multi-residential real estate. So then you'll be making dough.

Heading towards debt consolidation? To get debt consolidation with a high ratio mortgage loan, you only have to make a small down payment. So it's very low cost to switch from making high credit card or loan payments to making lower home mortgage loan payments.

Hunting for equity take out using a high ratio mortgage loan? With a small down payment from this mortgage-type, it's very low cost to get cash out of your home real estate.

Hoping for a line of credit? Receive one using the high ratio mortgage. Small down payments make it low cost for you to start having a line of credit.

Hurry and enjoy these benefits! Fill out the home mortgage application now!

Learn about the rates, payments, amortization and terms for home high ratio mortgage loans

Rates for high ratio mortgages

These are the institutional rates you can get for the high ratio mortgage loan:

• Fixed rates
• Adjustable rates
• Capped rates
• Convertible rates

And these are the private rates you can get for this mortgage loan type:

• Fixed rates
• Adjustable rates
• Convertible rates

Payments for high ratio mortgages

If you use an institutional lender, you can pay this mortgage loan type off with:

• Constant payments

If you use a private lender, you can pay this mortgage loan type off with:

• Interest only payments
• Straight-line principal reduction payments
• Constant payments

Amortization for high ratio mortgages

For this type of mortgage loan, you can get a 5-25 year amortization - no matter which type of lender you use: institutional or private.

Terms for high ratio mortgages

These are the terms you can get for high ratio mortgage loans, if you use an institutional lender:

• Short terms (6 months to 5 years) - with a 5 year term length being the most common
• Long terms (6 years to 18 years)

These are the terms you can get for high ratio mortgage loans, if you use a private lender:

• Short terms (6 months to 5 years) - with a 5 year term length being the most common
• Long terms (6 years to 18 years)

To learn the meanings of some of these mortgage loan terms, use the mortgage glossary.

If you would like more information about high ratio mortgage loans, simply contact The Mortgage Store Online's brokers by using the contact form or by calling them at 1-866-880-2577.

<< return to types of mortgage loans articles