All industries are full of jargon and the mortgage industry is no different. Because of a slew of rule changes over the last few years there are a few terms that are thrown around a lot more often. Insured, insurable, uninsured, and hey to make things fun let's add high ratio insured, conventional insurable, and conventional uninsured. Ummmmm excuse me what? Let's start simple. What is an insured mortgage? In Canada if you are buying a home and your down payment is less than