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Elgin Mortgage Information

Average Mortgage Loan in Elgin: $149,928

How Elgin Ranks in Ontario for Mortgage Business

The following table lists how Elgin 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
360ELMWOOD, ON 0.012%
361LIONS HEAD, ON 0.012%
362WILLOW BEACH, ON 0.012%
363MOOSONEE, ON 0.012%
364VIENNA, ON 0.012%
365ELGIN, ON 0.012%
366MASSEY, ON 0.012%
367HANNON, ON 0.012%
368RUTHVEN, ON 0.012%
369MCGREGOR, ON 0.012%
370GORMLEY, ON 0.012%

Types of Mortgage Inquiries Received from Elgin


Type of Mortgage Application Form Selected  Percentage
of Inquiries
New Home Purchase: 57.1%
Mortgage Pre-approval: 28.6%
First-time Home Buyer: 14.3%
 
Total Application Types Found: 3

Age Demographics for Elgin Mortgage Applicants

Average age: 39
Oldest age: 64
Youngest age: 32


Incomes for Elgin Mortgage Applicants

The amounts below are the average income of applicants living in Elgin who have applied for a loan using the Super Brokers' mortgage application.

Average annual gross income for
mortgage applicants in Elgin: $76,228.57
applicants within all of Canada: $60,852.54
Difference: $15,376.03
  

Note: Commercial loans were not included for this survey, only residential loans amounts were used.

Nearest Settlements


1North Augusta, Ontario
2Mountain, Ontario
3Seeleys Bay, Ontario
4Godfrey, Ontario
5Spencerville, Ontario
6Gananoque, Ontario
7Mallorytown, Ontario
8Athens, Ontario
9Lyn, Ontario
10Kenmore, Ontario
11Sydenham, Ontario
12Winchester, Ontario
13Crysler, Ontario
14Matcalfe, Ontario
15Prescott, Ontario
16Cardinal, Ontario
17Brockville, Ontario
18Osgoode, Ontario
19Kingston, Ontario
20North Gower, Ontario
21Harrowsmith, Ontario
22Lunenburg, Ontario
23Chesterville, Ontario
24Embrun, Ontario
25Amherstview, Ontario
26St Albert, Ontario
27Greely, Ontario
28Manotick, Ontario
29Ingleside, Ontario
30Iroquois, Ontario
31Odessa, Ontario
32Vernon, Ontario
33Kemptville, Ontario
34Finch, Ontario
35Wellington, Ontario
36Moose Creek, Ontario
37Casselman, Ontario
38Russell, Ontario
39Morrisburg, Ontario


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

Mortgage Product Type Inquiries
New Purchase23.03%
Mortgage Pre-approval20.22%
Mortgage Renewal17.98%
First-time Home Buyer12.36%
Refinance/Consolidate Debt11.80%
No Money Down discontinued9.55%
Other5.05%
 
Mortgage Statistics
Did you know? The average home loan in Markham is: Discover many more facts and statistics exclusively here at Mortgage Super Brokers.
Ontario