High Ratio Mortgages in Alberta

When it comes to the energy, financial services, film and television, transportation and logistics, technology, manufacturing, aerospace, health and wellness, retail, and tourism sectors in Alberta, high ratio mortgages have played a crucial role in these industry sectors being as robust and prosperous as they are. The reason for this is that high ratio mortgages are mortgages that are especially attainable for individuals who cannot muster up a 20% downpayment on a home. Demographics such as younger couples are able to buy their first home thanks to high ratio mortgages. Smarter Loans is here to ensure that individuals from all walks of life are able to continue securing the financing that they require through high ratio mortgages.

The goal isn’t just to secure any mortgage, but to cater to your unique circumstances.

To follow through with this process, Smarter Loans has organized all of the options in Alberta when it comes to high ratio mortgages into a single directory that includes all of the mortgage companies in Alberta. Through Smarter Loans, a wide variety of variations on high ratio mortgages can be compared in a relatively simple and time efficient manner, just scroll down to get started.

Easily compare the high ratio mortgages and see to which one fits your needs best. After you’ve determined a suitable option that you’d be interested in applying to, click “apply now” to fill out an online application for your desired high ratio mortgage. This may be be overwhelming for some people so, you can also pre-apply with Smarter Loans if you would prefer for us to identify a suitable high ratio mortgage on your behalf.

Alberta Datasheet

  • As per the most recent available information, an average salary per month in Alberta is $59,300
  • Alberta’s average household income is $93,800.
  • As of latest Census the population of Alberta counts 4,067,000.
  • Based on the most up-to-date data, there are 1,106,000 registered home owners in Alberta.
  • Alberta’s biggest hiring industries are other services (except public administration), transportation and warehousing, public administration.
This data was researched in 2019 and uses various information resources, including Canada’s National Statistics Agency, etc., where the information can be as of an older date. The facts above may change as new information becomes available. We do our best to keep the information up to date.

Our online portal connects you with competent High Ratio Mortgage lenders in Alberta for all your financing needs.

See our catalogue of High Ratio Mortgage lenders to discover the latest High Ratio Mortgage rates in Alberta.

High Ratio Mortgages are commonly used for the following purposes

  • purchasing a home
  • obtaining a mortgage with less than 20% downpayment
  • typically lower interest as they are guaranteed by Genworth, CMHC or Canada Guaranty
  • putting down less cash upfront (lower capital outlay)
  • deploying saved cash into better asset classes to earn higher returns

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