Holland Landing Mortgage Information
Average Mortgage Loan in Holland Landing: $255,450How Holland Landing Ranks in Ontario for Mortgage Business
The following table lists how Holland 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.
Rank | Location | Contribution |
---|---|---|
259 | HAWKESBURY, ON | 0.021% |
260 | SELKIRK, ON | 0.021% |
261 | ILDERTON, ON | 0.021% |
262 | ALEXANDRIA, ON | 0.021% |
263 | WINCHESTER, ON | 0.021% |
264 | HOLLAND LANDING, ON | 0.019% |
265 | GERALDTON, ON | 0.019% |
266 | HAILEYBURY, ON | 0.019% |
267 | NORWICH, ON | 0.019% |
268 | LANARK, ON | 0.019% |
269 | CARDINAL, ON | 0.019% |
Types of Mortgage Inquiries Received from Holland Landing
Type of Mortgage Application Form Selected | Percentage of Inquiries | |
---|---|---|
Refinance / Debt Consolidation: | 27.3% | |
New Home Purchase: | 18.2% | |
No Money Down Mortgage (discontinued): | 18.2% | |
Mortgage Renewal: | 9.1% | |
Mortgage Pre-approval: | 9.1% | |
Variable Rate: | 9.1% | |
First-time Home Buyer: | 9.1% | |
Total Application Types Found: 7 |
Age Demographics for Holland Landing Applicants
Average age: 39
Oldest age: 66
Youngest age: 19
Incomes for Holland Landing Applicants
The numbers below represent the average income of Canadians living in Holland Landing who have applied for a loan using the pre-approval application on the Mortgage Super Brokers' web site.
Average annual gross income for | |
---|---|
mortgage applicants in Holland Landing: | $81,545.45 |
applicants within all of Canada: | $60,852.54 |
Difference: | $20,692.91 |
mortgage co-applicants in Holland Landing: | $78,400.00 |
co-applicants within all of Canada: | $43,965.51 |
Difference: | $34,434.49 |
Since the average income of Holland Landing is much higher than our Canadian 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 Holland Landing: | $55,000.00 |
applicants within all of Canada: | $60,852.54 |
Difference: | ($5,852.54) |