Variable closed:	2.85%
1 year closed:	2.69%
3 year closed:	2.69%
5 year closed:	2.79%
10 year closed:	3.44%

Canada | BC | AB | SK | MB | ON | QC | NL | PE | NS | NB | YT | NU | NT

Orono Mortgage Information

Average Mortgage Loan in Orono: $176,921

How Orono Ranks in Ontario for Mortgage Business

The following table lists how Orono 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
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%
270	ORONO, ON	0.019%
271	BURFORD, ON	0.019%
272	BADEN, ON	0.019%
273	ENNISMORE, ON	0.019%
274	FOREST, ON	0.019%
275	RIDGETOWN, ON	0.019%

Types of Mortgage Inquiries Received from Orono

Type of Mortgage Application Form Selected		Percentage of Inquiries
Mortgage Pre-approval:		27.3%
No Money Down Mortgage (discontinued):		27.3%
Mortgage Renewal:		18.2%
First-time Home Buyer:		18.2%
New Home Purchase:		9.1%

Total Application Types Found: 5

Age Demographics for Orono Originated Mortgages

Average age: 38
Oldest age: 55
Youngest age: 27

Incomes for Orono Originated Mortgages

The information below represents the average income of applicants living in Orono who have submitted a mortgage inquiry using the Super Brokers' mortgage application.

Average annual gross income for
mortgage applicants in Orono:	$48,266.00
applicants within all of Canada:	$60,852.54
Difference:	($12,586.54)

mortgage co-applicants in Orono:	$45,500.00
co-applicants within all of Canada:	$43,965.51
Difference:	$1,534.49

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

Nearest Settlements

1	Hampton, Ontario
2	Bowmanville, Ontario
3	Blackstock, Ontario
4	Brooklin, Ontario
5	Courtice, Ontario
6	Clarington, Ontario
7	Ashburn, Ontario
8	Pontypool, Ontario
9	Gilford, Ontario
10	Claremont, Ontario
11	Greenwood, Ontario
12	Newcastle, Ontario
13	Uxbridge, Ontario
14	Oshawa, Ontario
15	Churchill, Ontario
16	Stouffville, Ontario
17	Whitby, Ontario
18	Newtonville, Ontario
19	Midhurst, Ontario
20	Sandford, Ontario
21	Goodwood, Ontario
22	Perkinsfield, Ontario
23	Hawkestone, Ontario
24	Innisfil, Ontario
25	Shanty Bay, Ontario
26	Baldwin, Ontario
27	Keswick, Ontario
28	Bailieboro, Ontario
29	Pickering, Ontario

30	Sutton, Ontario
31	Orillia, Ontario
32	Mount Albert, Ontario
33	Sunderland, Ontario
34	Victoria Harbour, Ontario
35	Ajax, Ontario
36	Markham, Ontario
37	Downsview, Ontario
38	Barrie, Ontario
39	Sharon, Ontario
40	Newmarket, Ontario
41	Gormley, Ontario
42	Unionville, Ontario
43	Penetanguishene, Ontario
44	Port Mcnicoll, Ontario
45	Willow Beach, Ontario
46	Woodbridge, Ontario
47	Waubaushene, Ontario
48	Elmvale, Ontario
49	Jacksons Point, Ontario
50	Moonstone, Ontario
51	Richmond Hill, Ontario
52	Sutton West, Ontario
53	Beeton, Ontario
54	Alliston, Ontario
55	Aurora, Ontario
56	Loretto, Ontario
57	Warminister, Ontario

Mortgage Product Type		Inquiries
Mortgage Renewal		23.23%
First-time Home Buyer		20.08%
Mortgage Pre-approval		17.72%
New Purchase		12.60%
Refinance/Consolidate Debt		7.48%
No Money Down discontinued		5.51%
Other		13.38%

Mortgage Product Type

Inquiries

Mortgage Renewal

23.23%

First-time Home Buyer

20.08%

Mortgage Pre-approval

17.72%

New Purchase

12.60%

Refinance/Consolidate Debt

7.48%

No Money Down discontinued

5.51%

Other

13.38%