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Elgin Mortgage Information
Average Mortgage Loan in Elgin: $149,928How 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.
Rank | Location | Contribution |
---|---|---|
360 | ELMWOOD, ON | 0.012% |
361 | LIONS HEAD, ON | 0.012% |
362 | WILLOW BEACH, ON | 0.012% |
363 | MOOSONEE, ON | 0.012% |
364 | VIENNA, ON | 0.012% |
365 | ELGIN, ON | 0.012% |
366 | MASSEY, ON | 0.012% |
367 | HANNON, ON | 0.012% |
368 | RUTHVEN, ON | 0.012% |
369 | MCGREGOR, ON | 0.012% |
370 | GORMLEY, 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.