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Burks Falls Mortgage Information

Average Mortgage Loan in Burks Falls: $138,000

How Burks Falls Ranks in Ontario for Mortgage Business

The following table lists how Burks Falls 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
321IROQUOIS, ON 0.016%
322KIRKFIELD, ON 0.016%
323RUSSELL, ON 0.016%
324WOODVILLE, ON 0.016%
325TOBERMORY, ON 0.016%
326BURKS FALLS, ON 0.016%
327EVERETT, ON 0.016%
328MOUNTAIN, ON 0.016%
329GRAND BEND, ON 0.016%
330BATH, ON 0.016%
331PORCUPINE, ON 0.016%

Types of Mortgage Inquiries Received from Burks Falls

Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 33.3%
Mortgage Renewal: 22.2%
No Money Down Mortgage (discontinued): 22.2%
Pre-approval: 11.1%
Commercial: 11.1%
Total Application Types Found: 5

Age Demographics for Burks Falls Mortgage Applicants

Average age: 42
Oldest age: 55
Youngest age: 29

Incomes for Burks Falls Mortgage Applicants

The amounts shown below represent the average income of applicants living in Burks Falls who have submitted a mortgage inquiry using the online application located at the Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Burks Falls: $37,660.00
applicants within all of Canada: $60,852.54
Difference: ($23,192.54)

Note: Commercial Mortgages were not included for this report, only residential mortgages were used.

Last mortgage report update for Burks Falls: 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 Chatham.

Mortgage Product Type Inquiries
Refinance/Consolidate Debt20.69%
No Money Down discontinued19.83%
First-time Home Buyer19.83%
Mortgage Pre-approval15.52%
New Purchase12.07%
Mortgage Renewal6.90%
Did you know? The average home loan in Bancroft is: Discover many more facts and statistics exclusively here at Mortgage Super Brokers.