Canada | BC | AB | SK | MB | ON | QC | NL | PE | NS | NB | YT | NU | NT

Freelton Mortgage Information

Average Mortgage Loan in Freelton: $172,000

How 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.

RankLocation Contribution
418THEDFORD, ON 0.010%
419DRUMBO, ON 0.010%
420MIDHURST, ON 0.010%
421BAYSVILLE, ON 0.010%
422ASHBURN, ON 0.010%
423FREELTON, ON 0.010%
424BRUCE MINES, ON 0.010%
425SYDENHAM, ON 0.010%
426AILSA CRAIG, ON 0.010%
428ASHTON, 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

Note: Commercial Mortgages were not included for this report, only residential loans amounts from Freelton, Ontario were used.

Last mortgage report update for Freelton: Friday, July 1, 2016
Mortgage Quote - Apply
Try Our Mortgage Calculator
Do you want to pay your mortgage off faster? You might want to switch to bi-weekly accelerated payments! Use our versatile mortgage calculator to find out just how quickly you can pay off your mortgage, and see how much you can save on interest payments.
Did you know? The average home loan in Kirkland Lake is: Discover many more facts and statistics exclusively here at Mortgage Super Brokers.