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Palmerston Mortgage Information

Average Mortgage Loan in Palmerston: $81,714

How Palmerston Ranks in Ontario for Mortgage Business

The following table lists how Palmerston 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
379NEW LOWELL, ON 0.012%
380PRINCETON, ON 0.012%
381MACTIER, ON 0.012%
382NORTH AUGUSTA, ON 0.012%
383BALTIMORE, ON 0.012%
384PALMERSTON, ON 0.012%
385LAKESIDE, ON 0.012%
386BETHANY, ON 0.012%
387FENWICK, ON 0.012%
388SUNDRIDGE, ON 0.012%
389GOULAIS RIVER, ON 0.012%

Types of Mortgage Inquiries Received from Palmerston


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 57.1%
Mortgage Renewal: 14.3%
Refinance / Debt Consolidation: 14.3%
First-time Home Buyer: 14.3%
 
Total Application Types Found: 4

Age Demographics for Palmerston Mortgages

Average age: 35
Oldest age: 65
Youngest age: 24


Incomes for Palmerston Mortgages

The numbers below represent the average income of Canadians living in Palmerston who have applied for a home loan using the Super Brokers' mortgage application.

Average annual gross income for
mortgage applicants in Palmerston: $35,705.67
applicants within all of Canada: $60,852.54
Difference: ($25,146.88)
  

Note: Commercial loans were not included for this report, only residential loans amounts from Palmerston, Ontario were used.


Last mortgage report update for Palmerston: 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 Keswick.

Mortgage Product Type Inquiries
Refinance/Consolidate Debt23.86%
Mortgage Pre-approval15.91%
New Purchase13.64%
First-time Home Buyer12.50%
Mortgage Renewal11.36%
No Money Down discontinued9.09%
Other13.65%
 
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