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Magnetawan Mortgage Information

Average Mortgage Loan in Magnetawan: $128,333

How Magnetawan Ranks in Ontario for Mortgage Business

The following table lists how Magnetawan 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
549CLOYNE, ON 0.007%
550WALLENSTEIN, ON 0.007%
551BRUSSELS, ON 0.007%
552WARKWORTH, ON 0.007%
553WEST MONTROSE, ON 0.007%
554MAGNETAWAN, ON 0.007%
555NOBLETON, ON 0.007%
556TERRA COTTA, ON 0.007%
557AVONMORE, ON 0.007%
558HEARST, ON 0.007%
559DUNROBIN, ON 0.007%

Types of Mortgage Inquiries Received from Magnetawan


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Refinance / Debt Consolidation: 25.0%
Mortgage Pre-approval: 25.0%
Commercial: 25.0%
First-time Home Buyer: 25.0%
 
Total Application Types Found: 4

Age Demographics for Magnetawan Originated Mortgages

Average age: 40
Oldest age: 50
Youngest age: 35


Incomes for Magnetawan Originated Mortgages

The following figures show the average income of Canadians living in Magnetawan 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 Magnetawan: $35,758.50
applicants within all of Canada: $60,852.54
Difference: ($25,094.04)
  

Note: Commercial loan amounts were not included for this section, only residential loans amounts from Magnetawan, Ontario were used.


Last mortgage report update for Magnetawan: Friday, July 1, 2016
Mortgage Calculator
 
Below is a listing of our most popular mortgage product inquiries made using our online mortgage application for clients in St Catharines.

Mortgage Product Type Inquiries
Mortgage Pre-approval21.94%
First-time Home Buyer19.35%
No Money Down discontinued16.45%
Mortgage Renewal12.58%
New Purchase10.97%
Refinance/Consolidate Debt10.00%
Other8.71%
 
Did you know? The average home loan in Stittsville is: Discover many more facts and statistics exclusively here at Mortgage Super Brokers.
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