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Callander Mortgage Information
Average Mortgage Loan in Callander: $154,111The 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.
Rank | Location | Contribution |
228 | DUNDALK, ON | 0.024% |
229 | HAGERSVILLE, ON | 0.024% |
230 | MALLORYTOWN, ON | 0.022% |
231 | SOUTH RIVER, ON | 0.022% |
232 | LONGLAC, ON | 0.022% |
233 | CALLANDER, ON | 0.022% |
234 | AZILDA, ON | 0.022% |
235 | SUNDERLAND, ON | 0.022% |
236 | WAHNAPITAE, ON | 0.022% |
237 | SEELEYS BAY, ON | 0.022% |
238 | STIRLING, ON | 0.022% |
Type of Mortgage Application Form Selected | | Percentage of Inquiries |
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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% |
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Total Application Types Found: 7 |
Average age: 43
Oldest age: 55
Youngest age: 25
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 |
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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.