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Bright Mortgage Information

Average Mortgage Loan in Bright: $155,000

How Bright Ranks in Ontario for Mortgage Business

The following table lists how Bright 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
394NOVAR, ON 0.010%
395COE HILL, ON 0.010%
396COTTAM, ON 0.010%
397SCHUMACHER, ON 0.010%
398WARREN, ON 0.010%
399BRIGHT, ON 0.010%
401LARDER LAKE, ON 0.010%
402PERTH ROAD, ON 0.010%
403CORBEIL, ON 0.010%
404PORT FRANKS, ON 0.010%

Types of Mortgage Inquiries Received from Bright

Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 33.3%
No Money Down Mortgage (discontinued): 33.3%
Low Doc: 16.7%
First-time Home Buyer: 16.7%
Total Application Types Found: 4

Age Demographics for Bright Mortgages

Average age: 31
Oldest age: 57
Youngest age: 20

Incomes for Bright Mortgages

The amounts shown below represent the average income of Canadians living in Bright who have submitted an inquiry using the pre-approval application on Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Bright: $77,520.00
applicants within all of Canada: $60,852.54
Difference: $16,667.46

Note: Commercial Mortgage loans were not included for this report, only residential mortgage loans from Bright, Ontario were used.

Last mortgage report update for Bright: Friday, July 1, 2016
Mortgage Calculator
Below is a listing of our most popular mortgage product inquiries made using our online mortgage application for clients in Brampton.

Mortgage Product Type Inquiries
Mortgage Pre-approval17.56%
Mortgage Renewal16.16%
Refinance/Consolidate Debt15.81%
First-time Home Buyer14.52%
New Purchase14.29%
No Money Down discontinued10.54%
Did you know? The average home loan in Paris is: Discover many more facts and statistics exclusively here at Mortgage Super Brokers.