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Callander Mortgage Information

Average Mortgage Loan in Callander: $154,111

How Callander Ranks in Ontario for Mortgage Business

The following table lists how Callander 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
228DUNDALK, ON 0.024%
229HAGERSVILLE, ON 0.024%
230MALLORYTOWN, ON 0.022%
231SOUTH RIVER, ON 0.022%
232LONGLAC, ON 0.022%
233CALLANDER, ON 0.022%
234AZILDA, ON 0.022%
235SUNDERLAND, ON 0.022%
236WAHNAPITAE, ON 0.022%
237SEELEYS BAY, ON 0.022%
238STIRLING, ON 0.022%

Types of Mortgage Inquiries Received from Callander


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Refinance / Debt Consolidation: 30.8%
Commercial: 23.1%
First-time Home Buyer: 15.4%
Reverse Mortgage: 7.7%
New Home Purchase: 7.7%
Mortgage Pre-approval: 7.7%
No Money Down Mortgage (discontinued): 7.7%
 
Total Application Types Found: 7

Age Demographics for Callander Mortgages

Average age: 43
Oldest age: 55
Youngest age: 25


Incomes for Callander Mortgages

The following figures show the average income of Canadians living in Callander who have applied for a loan using Mortgage Super Brokers' pre-approval application.

Average annual gross income for
mortgage applicants in Callander: $95,550.00
applicants within all of Canada: $60,852.54
Difference: $34,697.46
  

Since the average income of Callander is much higher than the national average, we have included the MEDIAN annual gross income for this area. A reason for such a high average is usually due to a high income that is just under our cut-off of acceptable incomes of <$500,000. In rare cases, some applicants may have entered an extra digit (ie. 400000 instead of 40000), which will also sway the averages in smaller areas. In such a case, we will correct the data accordingly.

Median annual gross income for
mortgage applicants in Callander: $70,250.00
applicants within all of Canada: $60,852.54
Difference: $9,397.46

Note: Commercial loan amounts were not included for this survey, only residential mortgage loans from Callander, Ontario were used.


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

Mortgage Product Type Inquiries
Refinance/Consolidate Debt17.24%
Mortgage Pre-approval16.81%
First-time Home Buyer15.52%
No Money Down discontinued15.09%
New Purchase14.66%
Mortgage Renewal9.48%
Other11.2%