Freelton Mortgage Information
Average Mortgage Loan in Freelton: $172,000How Freelton Ranks in Ontario for Mortgage Business
The following table lists how Freelton 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 |
---|---|---|
418 | THEDFORD, ON | 0.010% |
419 | DRUMBO, ON | 0.010% |
420 | MIDHURST, ON | 0.010% |
421 | BAYSVILLE, ON | 0.010% |
422 | ASHBURN, ON | 0.010% |
423 | FREELTON, ON | 0.010% |
424 | BRUCE MINES, ON | 0.010% |
425 | SYDENHAM, ON | 0.010% |
426 | AILSA CRAIG, ON | 0.010% |
427 | OXFORD STATION, ON | 0.010% |
428 | ASHTON, ON | 0.010% |
Types of Mortgage Inquiries Received from Freelton
Type of Mortgage Application Form Selected | Percentage of Inquiries | |
---|---|---|
Refinance / Debt Consolidation: | 16.7% | |
New Home Purchase: | 16.7% | |
Low Doc: | 16.7% | |
No Money Down Mortgage (discontinued): | 16.7% | |
Commercial: | 16.7% | |
First-time Home Buyer: | 16.7% | |
Total Application Types Found: 6 |
Age Demographics for Freelton Mortgage Applicants
Average age: 45
Oldest age: 63
Youngest age: 26
Incomes for Freelton Mortgage Applicants
The amounts below are the average income of applicants living in Freelton who have applied for a mortgage loan using the pre-approval application on the Mortgage Super Brokers' web site.
Average annual gross income for | |
---|---|
mortgage applicants in Freelton: | $116,000.00 |
applicants within all of Canada: | $60,852.54 |
Difference: | $55,147.46 |
Since the average income of Freelton is substantially higher than our 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 Freelton: | $80,000.00 |
applicants within all of Canada: | $60,852.54 |
Difference: | $19,147.46 |