High Ratio Mortgages in St. John’s, Newfoundland

St. Johns, Newfoundland is home to gorgeous cliffs overlooking the Atlantic Ocean. Needless to say, there is a high demand for owning a home in St. John’s. However, just like anywhere else, a higher demand leads to higher housing prices and paying off a mortgage can be intimidating, especially with a 20% downpayment requirement for nearly any mortgage. One kind of mortgage that has helped many others afford their homes in St. John’s has been a high ratio mortgage. High ratio mortgages in a nutshell are mortgages that don’t require a 20% downpayment, but instead require mortgage insurance from the applicant. How does one apply for a high ratio mortgage? Now, with Smarter Loans, applying for a high ratio mortgage is a simple task.

Smarter Loans knows what’s best for you when it comes to mortgages. We have experience helping many others from all walks of life, successfully acquire their mortgages.

All of our expertise has culminated to putting together a directory that’s inclusive of all the best companies that offer high ratio mortgages. With all of this information in one place, you can easily compare the various terms, rates and offers from one place and once you’ve made a decision, you can apply directly from the same directory.

In the Smarter Loans directory, from the comfort of your chair, you can find and apply to a high ratio mortgage specific to the St. Johns area by clicking “Apply Now” button to secure a high ratio mortgage directly through this company. If at this moment, you aren’t able to decide on a high ratio mortgage you should know that an alternative way to apply is to click the “Pre-Apply” button. In that case, we at Smarter Loans will use your lending preferences to find a high ratio mortgage on your behalf.