It's possible to split a mortgage between up to three people in Canada. This can mean access to better discounted rates, as the combined financial situation of all parties is analyzed. For new buyers or those with eligibility difficulties, getting a mortgage with their partner can be a smart way to access financing. However a joint mortgage does not necessarily equal joint ownership of the property, and it means that the responsibility for paying the mortgage back falls on both partners equally, regardless of income disparity. So entering into this kind of agreement should be done with full understanding of its consequences.