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The Pas Mortgage Information

Average Mortgage Loan in The Pas: $131,066

Manitoba Mortgage Originations Compared to all other Provinces and Territories

Online Mortgage Origination for the Province or Territory of Percentage of Applications
Alberta: 21.07%
British Columbia: 10.40%
Manitoba: 2.00%
New Brunswick: 2.53%
Newfoundland and Labrador: 1.30%
Nova Scotia: 3.29%
Northwest Territories: 0.49%
Nunavut: 0.10%
Ontario: 47.31%
Prince Edward Island: 0.51%
Quebec: 3.94%
Saskatchewan: 5.04%
Yukon: 0.47%

How The Pas Ranks in Manitoba for Mortgage Business

The following table lists how The Pas ranks for mortgage applications sent to our website. The data collected is over a 7-year time frame. A location has to have a minimum of three applications to make the list. To find more information, simply click on a location.

RankLocation Contribution
1WINNIPEG, MB 1.101%
2BRANDON, MB 0.128%
3THOMPSON, MB 0.054%
5SHILO, MB 0.033%
6THE PAS, MB 0.029%
8SELKIRK, MB 0.028%
9FLIN FLON, MB 0.021%
10DAUPHIN, MB 0.017%
11MORDEN, MB 0.017%

Types of Mortgage Inquiries Received from The Pas

Type of Mortgage Application Form Selected  Percentage
of Inquiries
Refinance / Debt Consolidation: 29.4%
First-time Home Buyer: 29.4%
No Money Down Mortgage (discontinued): 17.6%
Mortgage Renewal: 5.9%
New Home Purchase: 5.9%
Mortgage Pre-approval: 5.9%
Pre-approval: 5.9%
Total Application Types Found: 7

Age Demographics for The Pas Mortgage Applicants

Average age: 39
Oldest age: 50
Youngest age: 29

Incomes for The Pas Mortgage Applicants

The following depicts the average income of people living in The Pas who have applied for a mortgage loan using the pre-approval application on the Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in The Pas: $57,121.65
applicants within all of Canada: $60,852.54
Difference: ($3,730.89)
mortgage co-applicants in The Pas: $54,990.83
co-applicants within all of Canada: $43,965.51
Difference: $11,025.32

Note: Commercial Mortgages were not included for this section, only residential mortgage loan amounts were used.

Last mortgage report update for The Pas: Friday, July 1, 2016
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