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Gores Landing Mortgage Information

Average Mortgage Loan in Gores Landing: $58,333

How Gores Landing Ranks in Ontario for Mortgage Business

The following table lists how Gores Landing 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
536GOODWOOD, ON 0.007%
537CONSECON, ON 0.007%
538THAMESFORD, ON 0.007%
539HAMPTON, ON 0.007%
540CORBYVILLE, ON 0.007%
541GORES LANDING, ON 0.007%
542BRINSTON, ON 0.007%
543INDIAN RIVER, ON 0.007%
544KILLALOE, ON 0.007%
545SHANNONVILLE, ON 0.007%
546BELWOOD, ON 0.007%

Types of Mortgage Inquiries Received from Gores Landing


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Refinance / Debt Consolidation: 50.0%
Mortgage Renewal: 25.0%
Pre-approval: 25.0%
 
Total Application Types Found: 3

Age Demographics for Gores Landing Applicants

Average age: 48
Oldest age: 48
Youngest age: 48


Incomes for Gores Landing Applicants

The amounts below are the average income of people living in Gores Landing who have submitted an inquiry using the pre-approval application on Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Gores Landing: $95,266.67
applicants within all of Canada: $60,852.54
Difference: $34,414.12
  

Since the average income of Gores Landing is much higher than the Canadian national average, we have included the MEDIAN annual gross income for this location. 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 Gores Landing: $46,900.00
applicants within all of Canada: $60,852.54
Difference: ($13,952.54)

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


Last mortgage report update for Gores Landing: Friday, July 1, 2016
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Below is a listing of our most popular mortgage product inquiries made using our online mortgage application for clients in Toronto.

Mortgage Product Type Inquiries
First-time Home Buyer24.27%
Mortgage Pre-approval23.55%
New Purchase11.64%
Mortgage Renewal10.56%
No Money Down discontinued10.37%
Refinance/Consolidate Debt8.74%
Other10.88%
 
Did you know? The average home loan in Harrow is: Discover many more facts and statistics exclusively here at Mortgage Super Brokers.
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