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Copper Cliff Mortgage Information

Average Mortgage Loan in Copper Cliff: $145,361

Ontario 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 Copper Cliff Ranks in Ontario for Mortgage Business

The following table lists how Copper Cliff 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
177LAKEFIELD, ON 0.033%
178WIARTON, ON 0.033%
179CAMPBELLFORD, ON 0.031%
180DORCHESTER, ON 0.031%
181BOBCAYGEON, ON 0.031%
182COPPER CLIFF, ON 0.031%
183DRYDEN, ON 0.031%
184MEAFORD, ON 0.031%
185MADOC, ON 0.031%
186ELORA, ON 0.031%
187MARMORA, ON 0.031%

Types of Mortgage Inquiries Received from Copper Cliff


Type of Mortgage Application Form Selected  Percentage
of Inquiries
First-time Home Buyer: 33.3%
Mortgage Pre-approval: 27.8%
Refinance / Debt Consolidation: 16.7%
No Money Down Mortgage (discontinued): 11.1%
New Home Purchase: 5.6%
Commercial: 5.6%
 
Total Application Types Found: 6

Age Demographics for Copper Cliff Mortgage Applicants

Average age: 34
Oldest age: 52
Youngest age: 23


Incomes for Copper Cliff Mortgage Applicants

The amounts shown below represent the average income of applicants living in Copper Cliff who have applied for a mortgage loan using Mortgage Super Brokers' pre-approval application.

Average annual gross income for
mortgage applicants in Copper Cliff: $50,775.56
applicants within all of Canada: $60,852.54
Difference: ($10,076.99)
  

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


Last mortgage report update for Copper Cliff: Friday, July 1, 2016
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