High Ratio Mortgages in Winnipeg, Manitoba

A multitude of festivals take place in Winnipeg every year with notable names such as the Folk Festival as well as the Fringe Festival. Thousands upon thousands of people come to the city every year in search of culture, community and entertainment. Many of these people who experience a piece of what Winnipeg has to offer, ultimately leave wanting more. Fortunately for them, buying a home in Winnipeg has just gotten easier. If you are feeling discouraged by the high cost of purchasing a home, one step you can take is to take out a high ratio mortgage where you won’t need to pay a 20% downpayment. What is a high ratio mortgage? Instead of a 20% downpayment, you’ll be required to secure a mortgage insurance instead. If you decide that a high ratio mortgage is something you’d like to proceed with, then Smarter Loans can help you secure one.

Smarter Loans is a first-rate tool when it comes to comparing mortgage companies and ultimately deciding on a high ratio mortgage.

To help you make your decision, we have compiled a directory of companies in the Winnipeg region that offer high ratio mortgages. These companies have helped countless other hardworking people like you, secure high ratio mortgages successfully. That’s how we guarantee that we only include reliable and competent companies in our directory so that you can have the utmost confidence when researching your high ratio mortgage.

Incase you are short on time and would rather have us take care of the entire process altogether, there is also a “Pre-Apply” option. If you click here, then we at Smarter Loans will use your preferences to identify a compatible high ratio mortgage for you. You will also notice an “Apply Now” button besides each company’s information. By clicking this button, you’ll proceed to an online application for the high ratio mortgage of your choosing.

Winnipeg Info Box

  • As per the most up-to-date independent research, on the average each inhabitant of Winnipeg earns $43,900 per month.
  • On the average, consumer debt in Winnipeg is at the level of $28,800. For this factor Winnipeg just dipped below Manitoba’s average.
  • According to the most recent data, Winnipeg reports 182,000 registered home owners .
  • Employment rate: 60%.
  • Winnipeg’s primary hiring industries are wholesale trade, administrative and support, waste management and remediation services, other services (except 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.

Smarter.Loans provides you with access to trusted High Ratio Mortgage providers in Winnipeg for your financing needs.

Browse our list of High Ratio Mortgage companies to get access to the best High Ratio Mortgage rates in Winnipeg

Among High Ratio Mortgages most typical use cases are:

  • purchasing a home
  • obtaining a mortgage with less than 20% downpayment
  • typically lower interest as they are guaranteed by Genworth, CMHC or Canada Guaranty
  • earning a potential differential between lower interest payments and insurance premiums
  • earning a higher return on initial equity

Elite Trusted Lenders

These companies are recognized for their excellent service, product offering and financial literacy education for all Canadians.