Canadian Maple Leaf Licensing Info: Alberta Mortgage #MW-0511205,
FSCO (Ontario) #10315,
Saskatchewan Mortgage #315872, and all other provinces.
Division of

The Mortgage Group®

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

Petrolia Mortgage Information

Average Mortgage Loan in Petrolia: $130,517

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 Petrolia Ranks in Ontario for Mortgage Business

The following table lists how Petrolia 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
171HAVELOCK, ON 0.035%
172ROCKWOOD, ON 0.035%
173OMEMEE, ON 0.035%
174NEW HAMBURG, ON 0.033%
175MOUNT FOREST, ON 0.033%
176PETROLIA, ON 0.033%
177LAKEFIELD, ON 0.033%
178WIARTON, ON 0.033%
180DORCHESTER, ON 0.031%
181BOBCAYGEON, ON 0.031%

Types of Mortgage Inquiries Received from Petrolia

Type of Mortgage Application Form Selected  Percentage
of Inquiries
No Money Down Mortgage (discontinued): 15.8%
First-time Home Buyer: 15.8%
Mortgage Renewal: 15.8%
New Home Purchase: 15.8%
Refinance / Debt Consolidation: 15.8%
Mortgage Pre-approval: 10.5%
Low Doc: 5.3%
Second Mortgage: 5.3%
Total Application Types Found: 8

Age Demographics for Petrolia Mortgage Applicants

Average age: 35
Oldest age: 64
Youngest age: 24

Incomes for Petrolia Mortgage Applicants

The amounts shown below represent the average income of Canadians living in Petrolia who have submitted a mortgage inquiry using the online application located at the Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Petrolia: $69,320.11
applicants within all of Canada: $60,852.54
Difference: $8,467.57
mortgage co-applicants in Petrolia: $24,107.56
co-applicants within all of Canada: $43,965.51
Difference: ($19,857.96)

Note: Commercial loan amounts were not included for this report, only home loans were used.

Last mortgage report update for Petrolia: Friday, July 1, 2016
Mortgage Calculator
Mortgage Calculators
We took all of your suggestions over the years and added them all to our new and improved mortgage calculators. We think they're pretty good, but don't take our word for it, try them it out for yourself!
Mortgage Calculators
Did you know? The average home loan in Strathroy is: Discover many more facts and statistics exclusively here at Mortgage Super Brokers.