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Orono Mortgage Information
Average Mortgage Loan in Orono: $176,921How 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.