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Iroquois Falls Mortgage Information

Average Mortgage Loan in Iroquois Falls: $126,272

Ontario Mortgage Originations Compared to all other Provinces and Territories


Online Mortgage Origination for the Province or Territory of Percentage of Applications
Alberta: 21.07%
British Columbia: 10.40%
Manitoba: 2.00%
New Brunswick: 2.53%
Newfoundland and Labrador: 1.30%
Nova Scotia: 3.29%
Northwest Territories: 0.49%
Nunavut: 0.10%
Ontario: 47.31%
Prince Edward Island: 0.51%
Quebec: 3.94%
Saskatchewan: 5.04%
Yukon: 0.47%

How Iroquois Falls Ranks in Ontario for Mortgage Business

The following table lists how Iroquois Falls 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
198AYR, ON 0.028%
199RIDGEWAY, ON 0.028%
200MARATHON, ON 0.028%
201SOUTH PORCUPINE, ON 0.028%
202LITTLE BRITAIN, ON 0.028%
203IROQUOIS FALLS, ON 0.028%
204ERIN, ON 0.028%
205MINDEN, ON 0.028%
206VAL CARON, ON 0.028%
207TILBURY, ON 0.026%
208MITCHELL, ON 0.026%

Types of Mortgage Inquiries Received from Iroquois Falls


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Refinance / Debt Consolidation: 31.3%
Mortgage Pre-approval: 25.0%
First-time Home Buyer: 18.8%
No Money Down Mortgage (discontinued): 12.5%
New Home Purchase: 6.3%
Commercial: 6.3%
 
Total Application Types Found: 6

Age Demographics for Iroquois Falls Based Mortgages

Average age: 40
Oldest age: 66
Youngest age: 27


Incomes for Iroquois Falls Based Mortgages

The following figures show the average income of applicants living in Iroquois Falls who have submitted an inquiry using the pre-approval application on Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Iroquois Falls: $62,422.07
applicants within all of Canada: $60,852.54
Difference: $1,569.52
  
mortgage co-applicants in Iroquois Falls: $29,000.00
co-applicants within all of Canada: $43,965.51
Difference: ($14,965.51)

Note: Commercial Mortgages were not included for this survey, only home loans from Iroquois Falls, Ontario were used.


Last mortgage report update for Iroquois Falls: 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 Woodstock.

Mortgage Product Type Inquiries
Refinance/Consolidate Debt25.17%
Mortgage Pre-approval23.81%
New Purchase13.61%
First-time Home Buyer11.56%
Mortgage Renewal11.56%
No Money Down discontinued6.80%
Other7.48%