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Marathon Mortgage Information

Average Mortgage Loan in Marathon: $118,892

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 Marathon Ranks in Ontario for Mortgage Business

The following table lists how Marathon 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
195ST GEORGE BRANT, ON 0.029%
196BLIND RIVER, ON 0.029%
197ENGLEHART, ON 0.028%
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%

Types of Mortgage Inquiries Received from Marathon


Type of Mortgage Application Form Selected  Percentage
of Inquiries
First-time Home Buyer: 50.0%
New Home Purchase: 18.8%
Mortgage Pre-approval: 12.5%
No Money Down Mortgage (discontinued): 6.3%
Pre-approval: 6.3%
Commercial: 6.3%
 
Total Application Types Found: 6

Age Demographics for Marathon Applicants

Average age: 37
Oldest age: 53
Youngest age: 24


Incomes for Marathon Applicants

The information below represents the average income of applicants living in Marathon who have applied for a loan using Mortgage Super Brokers' online mortgage application.

Average annual gross income for
mortgage applicants in Marathon: $61,815.38
applicants within all of Canada: $60,852.54
Difference: $962.84
  

Note: Commercial loans were not included for this report, only residential mortgage loans were used.

Last mortgage report update for Marathon: 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 Cambridge.

Mortgage Product Type Inquiries
Mortgage Pre-approval21.88%
Refinance/Consolidate Debt18.28%
New Purchase17.45%
First-time Home Buyer13.57%
No Money Down discontinued11.91%
Mortgage Renewal9.42%
Other7.5%
 
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